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Costco Wholesale Corporation Message Board

car4kamal 3 posts  |  Last Activity: Dec 4, 2014 2:16 PM Member since: Nov 29, 2012
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  • Reply to

    Over a Dollar

    by uniquema Dec 3, 2014 3:26 PM
    car4kamal car4kamal Dec 4, 2014 2:16 PM Flag

    Thanks for your concern. though dollar amount is big, it is a small portion of my portfolio and I am not going to sell it anytime soon. But sick of seeing this deep in the red in my portfolio :)

    Sentiment: Hold

  • Reply to

    Over a Dollar

    by uniquema Dec 3, 2014 3:26 PM
    car4kamal car4kamal Dec 3, 2014 3:52 PM Flag

    I did a lot of reading on this. nothing is going to move this stock for a very long time. The reason being Brazil as nation is not in walstreets favor. Their though process is short these 99% of the time and go long may be 1%. Next if you look at Oi they have 18 billion in debt. Selling PT will get them 9 billion but there is still a billion in debt that is now attached to pt will come back to Oi. so it more like 8 billion. the africa business that is left over from PT and what ever Oi's original bussiness is it worth 11b? I really don't know. Massive growth potential might out wieght the huge debut .But they are losing subscribers quarter to quarter as well. Hence the up's and down in good news and bad news does not seem to matter at all. it will stuck at these levels and be played for a few cents by the day traders. That being said, I have a huge positon averaged to a buck. Hopefully I can get my money back from this POS.

    Sentiment: Hold

  • No good news is moving this stock. The 7b deal is 150% of its market cap and still not a peep. I hope it gets close to a buck so that I can sell my position for a breakeven and never look back at this pos.

    Sentiment: Hold

COST
143.44-0.2100(-0.15%)Dec 26 4:00 PMEST

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