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Best Buy Co., Inc. Message Board

  • telecaster1957fender telecaster1957fender Apr 16, 2013 8:05 AM Flag

    PM Quotes are Marked Way Up

    The numbers will tighten up before 9-9:30, but the pps is going to start higher than yesterday's close. Hopefully it can be worked back down by sellers, and the MMs won't be supporting a higher price than the market assigns.

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    • No stock ever goes straight up or down. In a bull market like this buyers still see bloodbaths like yesterday as a buying opportunity. So it's only natural to see a bounce from yesterday but the important thing to see is the downtrend firmly entrrenched in the BBY chart. That chart shows a lot more down to come especially with all the bad press BBY has been getting lately.

      Sentiment: Strong Sell

33.28+0.14(+0.42%)Jul 28 4:00 PMEDT