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Best Buy Co., Inc. Message Board

  • yougoshortwhileigolong yougoshortwhileigolong Nov 20, 2012 6:36 PM Flag

    Cramer slammed BBY on his comedy show...time to buy buy buy....he and his charitable trust are a joke

    The numbers today did not shock Schulze as he had already performed DD and stated that the situation was urgent which is why he proposed a buyout in the first place. Now the diminished numbers will affect the buyout price which will obviously be lower than the $24-26 Schulze offered originally, my guess $19-20 would be tops.
    BBY still generates nice cash flow and under proper mgmt it could reward investors nicely. Amazon's biggest advantage was the no sales tax and that is going away. Also a private company has far lower cost of operation than a publically traded companies. Private companies are more nimble and can make changes very fast.
    Don't let shorts or that idiot Cramer make you sell or prevent from buying in at these levels.

    Sentiment: Buy

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