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Best Buy Co., Inc. Message Board

  • thoughtfulbest thoughtfulbest Feb 26, 2013 7:24 PM Flag

    Easy dialect

    Where are you? Good article from TL but where is this going?

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    • Hi TFB,hope you are hanging in. Good reports and interviews from MST. I can't tell you whats going to happen tomorrow (Thu), but as of now there is no material news out there which has changed my mind. We are in a final phase of a deal procedure right now and it's common that you get the highest volatility, wildest speculations and rumors right up to the end - My own recent examples are VQ or TEA. A possible BO deal is still on and the earnings/margins will be in line with company's November forecasts, which means better than the market is expecting.

      Just keep in mind that we longs only need one positive outcome to close our position successfully. Either a deal or better than expected earnings. Shorts have to be right on both separate events.

      Enjoy the ride, I myself have been following this board with much amusement and if you read carefully you will recognize that most of them don't have a clue what's going to happen.

      Sentiment: Hold

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