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Starbucks Corporation Message Board

elemoncelli 1 post  |  Last Activity: Jul 25, 2014 1:04 PM Member since: Jan 3, 2005
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  • SBUX beat earnings estimates quite well, had positive guidance going forward and is near a 52 week high. This nearly 2% down move is unusually large. It could be profit taking after earnings, just a down day in the market overall or both. My cost basis is around $20/share and I've held the stock for over a decade. I'm not worried about the company, just curious about the unusual move down. What do you guys think?

    Sentiment: Strong Buy

SBUX
76.07+0.34(+0.45%)Sep 19 4:00 PMEDT

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