Sounds like this board now. What ended up happening to Best Buy's stock price????
AMAZON was selling a boatload of products because the consumer paid no tax on what they bought. That changed this past year where they have to charge. Thats what was lilling Best Buy. Now Amazon and Best Buy are on same playing field. Thats why Best Buy number 1 performer in the market EOM
JCP and AMAZON Jow many times do i have to post AMZN. Because when it happens all the JCP longs heard it from MMMMMWWWAAAAAAAA
expected AMAZON buys out JCP
Shows how stupid you sound. I just took a position today. I had best buy at 11 bucks and still have shares. JCP will not go BK. Someone will buy them out. Might not be like a macy's. Amazon needs box stores. They have expressed this in the past.
Shorts made their money and longs are weak. One strong hold by longs and a potential suitor to swoop this retailer up at a cheap price will hurt the most recent shorts over the past couple weeks. AMAZON needs to have box stores now that Best Buy proved everyone wrong. Just watch
could easily buy out JCP and have their long anticipated syore front. It was going to be best buy when they tanked down to 10 bucks. Now i can see them come in and buy them out. At this level wouldn't want to be short. Any newsof a buyout won't be leaked just a hostile takeover.