keep in mind. you are currently paying about 20 times earnings, for a company is has very little growth. Also take into consideration, usually, the stock that is doing the acquiring goes down, because it has all the risk, the one getting acquired has no risk, hence goes up to around the value of the acquisition.
at 13.27, couldnt hold that pop. Hard selling now. Never again will i buy this piece of #$%$ stock. out with a modest profit, best you can home for with this garbage
ugh, the guy made a 10k profit ina few days. How much have you made in BBY?:)
i bet the answer is a loss.congrats to him, as not many people in BBY with a profit
thats true, but also take into account they bought 2 billion in inventory this quarter with cash.
After holidays cash is around 1.5 billion, see fitch article
you guys are nuts, someone just hit the buy button so more people could unload as suckers come in and buy. notice how it held none of that pot.