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Best Buy Co., Inc. Message Board

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  • supernexus1 supernexus1 Jan 11, 2013 4:12 PM Flag

    Business is turning around regardless of butyout or not.

    Did I miss something? Same store sales as last year after closing losing stores, continuous major money losses, and significant cash flow reductions. Schultz should sell his remaining shares at this level and invest in a growing business in a growing industry. Based on the financials I don't think any investors would want to go in with him at this level. Wait until bankruptcy or desperation due to cash flow problems and buy it back on the cheap.

    Sentiment: Strong Sell

 
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