Smart selling 40%. I would say even smarter had you sold 100%. So how much more upside do you see in BBY? Why? Other than momentum and manipulation this company has nothing! I think they just might push this to 30 before earnings...but then the wheels fall off. BBY beats earnings and is above 30...most likely I go away. However, more money went down today saying it won't.
MPFA will be a law soon and it will surely help BBY's sales. Second, Joly is really a smart CEO and he will cut costs that he has promised and may even close some stores in Far East like in Japan.. and bring cash here. Third, I think they will beat Q-2 est.earnings of $0.25 . It will be more like $0.30 or higher. All these will be plus for BBY and stock will @ $30 in six months. Sold 40% just to take some huge profit I had but the future of BBY is Bright now.