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Best Buy Co., Inc. Message Board

  • rdhrolf rdhrolf Feb 28, 2013 1:35 PM Flag

    Schulze's buyout unlikely

    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.

24.47-0.53(-2.12%)Apr 16 4:01 PMEDT

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