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Best Buy Co., Inc. Message Board

  • aeronhm aeronhm Oct 31, 2013 2:30 PM Flag

    The stock will beat earning estimate by a lot

    So many people are buying things at Best buy, and analysts are lowering the estimates for it to beat, what u think will happen ?

    Sentiment: Strong Buy

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    • Sell the news if they still don't make a profit and margins slip from price match policies. The cost-cutting story may get old now that BBY shares are up near 300% in 10 months. Everything goes down after Thanksgiving when fund managers stop chasing and head for the exit at the same time. Looking forward at that point we do the DC dance all over again. Let's see if the market gives those clowns a pass this time. I have been selling all my winners and making much smaller trades at these levels. The Fed hinted yesterday at a Dec. taper until then enjoy the fluff it will end soon I have it's been a great year buying the dips and shorting some rips.

 
BBY
38.41-0.49(-1.26%)11:09 AMEDT