Could it be that Schulze has made not just
one but several offers to buy out BBY and
has been rejected each time as not enough ????
If that is the case, look for a good report
tomorrow for BBY, however
if not, make your own conclusions.
If it ain't going to happen tomorrow, it will
be a long time before I can make money in BBY.
I am long on BBY, not willing to buy more
but willing to hold.
AMZN is, what most believe, the culprit in the
demise of BBY and others, the so called brick
and mortar stores.
I do know that AMZN will have to start collecting
State Taxes in the not so distant future, and that
will remove a lot of the so called MOJO of this company.
BBY can has matched them now on some mechanize
by the price match they have instituted and what's more
they say it will continue going forward.
I can think of a lot of other stocks I could hold now,
that are looking better, but I do own BBY and I am
going to stick it out.
Wishing all longs, well GOOD LUCK, if nothing else.