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Best Buy Co., Inc. Message Board

  • kdfillo kdfillo Jan 28, 2013 9:38 AM Flag

    Sorry guys but after 4 months Im out

    I finally broke even, i cant risk it again. I think that since the stock is going up at a steady rate, schulze will back out and say current management is turning it around, which will drop the stock, its been fun...not.

    Sentiment: Strong Buy

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    • Good luck! I loaded around $11.90, so my average is far bellow, but I am not in for a small gain. This was probably one of the best buys of mine in past few months and I am not letting it go half the way to the top.

      Regardless if Schulze comes back with an offer or not, I believe Joly will make BBY work and stock price will go above $20 (and dividend is good too). Also don't forget, Schulze wanted to take it private for $23-$26 or even better. I don't see why he wouldn't still want to do it, since it would be a nice gain for him regardless. Rest of the funds which hold majority of the stock, may want piece of the pie too and that is another reason why BBY may go up one way or the other. Why would they let Schulze have it all?

      GLTL!

      Sentiment: Buy

 
BBY
39.01+0.53(+1.38%)Dec 19 4:05 PMEST

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