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Best Buy Co., Inc. Message Board

leehab22 48 posts  |  Last Activity: Apr 9, 2015 1:05 PM Member since: Jan 25, 2006
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  • leehab22 by leehab22 Apr 9, 2015 1:05 PM Flag

    Everyday the second the market opens some short sellers dump 150K shares and drop the stock and continue to do so to break down the stock and when they fail and stock comes up then there is no one to sell at higher price . Go figure .

    This action shows the short sellers are afraid of $15.00 and have been doing every thing they could to stop the stock .

    The question is : Do you go with the CEO who bought shares at $14.50 or short sellers who shorted the stock at $4.00 .

  • leehab22 by leehab22 Apr 1, 2015 1:22 PM Flag

    Short sellers take advantage of market down days to take this stock down and today they tried very hard to take it below $14.00 and you see trading has dropped to one trade every 2 or maybe 3 minutes . These Idiots are really stupid having shorted the stock from when the stock was well below $5.00 and still trying to drop the stock as if the stock drops below $14.00 we all will rush to sell .

    CEO has been buying shares even when the stock has been rising and at prices like $14.50 while short sellers have been adding to position thus increasing losses . That is what I call Smart Move .
    Not only that , short sellers also buy shares on open market constantly and sell them the next minute to the bid thus taking more losses .

    Way to go short sellers

  • leehab22 leehab22 Mar 30, 2015 4:33 PM Flag

    I am with you exactly . The strong pipeline and the stage they are in , mostly in phase 2 and 3

    Also, the insiders buying as the stock is rising and adding more to their positions is fantastic .

    I also sold my IBM and took a big loss and bought lot more shares of this stock even close to $14.00 which was a smart move .

    CEO bought lot more at $14.35 & $14.50 so mine was a bargain

  • leehab22 leehab22 Mar 30, 2015 11:34 AM Flag

    Extremely bullish and very beneficial for the company as well

  • leehab22 leehab22 Mar 27, 2015 11:09 AM Flag

    CEO buying 1.7 mi shares at $14.35 and again 14,000 at $14.50 and 32,000 at 14.50 just couple of days ago says it all . No CEO buys so heavily unless he is planning to make Billions of Dollar . I am also looking for $90.00 to $100.00 . Just added more at $13.90 . I also believe that PFE will buy this company . Pharmas have no choice but to buy biotech companies to address empty pipelines

  • leehab22 by leehab22 Mar 26, 2015 3:59 PM Flag

    Yesterday short sellers were astonished for no one selling while market dropped 300 points and at last 3 minutes they dumped 750K to drop the stock and keep it there for what reason , well I say Stupidity .

    Again , today they are selling to keep the stock from rising but we are . There is absolutely no seller in sight .

    Would you Not feel Stupid if you sold while the CEO is buying shares even as high as $14.50 and even yesterday .

    Then look at short sellers messages posted here . Pure Nonsense . All their actions + messages indicate nervousness

  • Reply to

    barrington research

    by tinysboy312 Mar 26, 2015 7:17 AM
    leehab22 leehab22 Mar 26, 2015 10:35 AM Flag

    Nice , but to me the CEO is the best indicator for the future . The CEO has been buying shares constantly and even bought yesterday .

    Yesterday we had no volume and it was mostly short sellers trying to drop the price .

  • The stock build a very good base around $14.00 with every day total volume of 2.5 mil shares .

    Today in around 2 hours we have done 2 mil shares pushing the stock through $15.00 which short sellers tried extremely hard to block .

    But with the CEO buying shares from right and left and as the price was rising as well and again buying 14,000
    just last week paying $14.50 . You know when CEO pays $14.50 to buy shares, the stock is poised to go much, much higher

  • Look at the CEO buying Millions of shares + options even @ $14.50 price like 1.7 Mil Shares couple of days ago . Pay attention he bought 1.7 Million Shares and Not dollars . The alone is a very strong vote of confidence for this company and indication of Fantastic future .

    Now check AH . Around 17,000 shares traded and all @ $14.67 but final trade was 100 shares @ $14.60

    But when you check the time no trade was done for 2 hours except 100 shares at the last second @ 9:00 P.M.
    Let me get this straight . @ 9:00 P.M. ? and only 100 shares

    Of course we know that trade was pushed in by the short sellers so that any one checking the stock price via Yahoo sees that in AH the stock was down .07 cent .

    It shows that short sellers are nervous and thus making stupid decisions . I would be more than nervous if I had shorted a stock heavily around $6.00 and stock had gone up to mid $14.00 and the CEO buying shares even at current prices and large sizes like 1.7 mil shares

  • Reply to

    Check out latest Form 4's

    by cyoung8404 Mar 19, 2015 5:07 PM
    leehab22 leehab22 Mar 19, 2015 11:16 PM Flag

    My guess is some thing Big is in the process . These insiders , especially the CEO, are adding tremendous amount of shares even at these prices .

    Reward must be very huge

  • Reply to

    Why We Are In An Excellent Situation

    by leehab22 Mar 19, 2015 3:45 PM
    leehab22 leehab22 Mar 19, 2015 7:31 PM Flag

    Currently the float is around 237 mil shares . However, when you short a stock the number increases because the shares are borrowed and then sold . In this case 45 mil shares shorted which in reality increases the float to 282 mil shares . Of course these shares are borrowed and at one point they need to be returned to its owner .

  • Short sellers are afraid of stock moving over $15.00 and for that they will do any thing possible to prevent it .

    That puts us in the best situations because shorts will have no choice but to short more and buy shares at higher price and sell it to the bid at lower price which means more losses for them .

    Think about low volume and covering short position of 45 mil shares on float of only 220 mil shares

    We are in Heaven

  • Well, 25,400 shares were traded and 25,150 shares were traded @ $14.67 and at last minute 250 shares were sold @ $14.50 by some one . Do I need to say Short sellers .

    With volume dropping significantly and 40% of volume being due to short sellers buying shares on open market and selling them to the bid , there are not any sellers in sight which spell trouble for short sellers .

    Yet, since stock was around $8.00 these Idiots have appeared on this board posting nonsense while the stock has gone up to $14.66 creating huge Losses for short seller . Can you imagine 45 Mil shares shorted and practically no shares are available .

    Finally , how stupid can any one be to hang on to a short position while the CEO has been piling up on shares as recently as a week ago and at price of $ 14.35 I rest my case

  • leehab22 leehab22 Mar 12, 2015 6:51 PM Flag

    Pfizer will eventually buy this company as they have already invested in it . Just like most pharma their pipeline is empty and their blockbusters going off patent .

  • Reply to

    Reportedly a 4.8% drop in short interest....

    by cyoung8404 Mar 12, 2015 10:05 AM
    leehab22 leehab22 Mar 12, 2015 1:59 PM Flag

    Short sellers not only short, but they buy huge amount on open market and dump it to the bid .

    Notice that every morning shorts dump 250K to send the stock down and get people to sell so that they can pick up shares .

    The float is very thin and you can bet 35.0% to 40.0% of daily volume is due to short sellers buy shares and dumping them over and over .

    No one is really selling and , in fact, would be stupid to sell when the CEO has bought another 10K @ $14.35

    I will Not even be selling @ $30.00 . The stock has extreme potentials and would be worth at least $100.00 if not more . 3 drugs in Phase III and 2 in Phase II . Are you kidding me

    Each drugs takes 10 years to get to Phase III

  • Reply to

    Frost picks up even more shares yesterday

    by opkhealth Mar 4, 2015 6:23 AM
    leehab22 leehab22 Mar 4, 2015 1:51 PM Flag

    And I took advantage of the Idiot who sold 2 days ago and added @ $13.60 and what a gift that was .

    I have bought @ $9.00 , $11.00 and $13.60 . I recently sold my IBM and took a loss and hopefully will make up that loss through this stock . Bought IBM based on Warren Buffet large purchase but it is a toss up if IBM can really pull it together as they are way behind in my opinion especially in the Clouds division as players are increasing and getting very fierce . Glad I sold it

  • The CEO has significant shares and yet he bought more @ $13.00 . I bought @ $9.00 , $11.00 and now added more at $13.60 yesterday .

    The CEO is not just a CEO, he is also a very successful investor and a Billionaire , and a doctor . Add all these together and you are a fool not to follow him . No one knows this company better than he does .

    He has billions in asset so he is not buying the stock for couple of points , rather he is buying to increase his assets in a meaningful way . He said in his remarks during the CC that shareholders will be rewarded significantly through stock appreciation .

    Today stock refused to go down with a downgrade because smart money jumped in and bought and the rest refused to sell .

    2015 will be an excellent year for us and it will get lot better in 2016 and on

  • First, no one knows this company better than the CEO who is also a doctor and has purchased substantial shares as recently as February . He is not buying for .50 cent or $1.00 gain . He is buying for substantial gains .

    Second, excluding one time credit, the revenue actually increased very nicely . Wall Street actually likes revenue growth and rewards companies and punishes companies with great earning but declining revenue .

    Amazon has been reporting losses but has been growing revenue and look at the stock . We want this company to reinvest in itself and continue expanding product lines and not report earning while pipeline is drying .

    Short sellers are trapped in this stock in the worst way . With a low 220 mil shares float, 48 mil shares are shorted . Short sellers have been waiting for a bad Q , but with PFE investing in this company and revenue growth with $400 million dollars in cash together with very impressive pipeline they are doomed as this stock will keep going much higher . My guess is more shorting went on before earning and short sellers were slapped with the good Q

    Bottom line : The CEO not only is heavily invested in this stock he also is investor worth Billions

  • Reply to

    Misleading Headlines

    by foxgang7878 Feb 27, 2015 7:04 PM
    leehab22 leehab22 Feb 28, 2015 9:03 AM Flag

    That is why no one should trade stocks on headline earning release . Many stocks have traded and dropped lower or went higher on headline and then reversed course after investors were informed of the actual / adjusted true figure .

    I think the company did a fine job in reporting on Friday so that some idiots don't rush and trade on headline

  • Most people on this board including the short sellers do not know that to bring a drug to the market cost the drug companies around $1.5 Billion dollars and 10 years . Currently most drug companies pipelines are empty and most of their drugs are coming off patent . That is why drug companies are buying biotech companies with drugs in Phase 1 which is not very promising but it takes 3 years just to get a drug to Phase one .

    This company has drugs in Phase 2 and 3 . So the pipeline is very impressive and valuable and that is what the stock should be bought for the future and not next week . The value increases every day as demand for drugs in Phase 2 and , especially, Phase 3 in increasing . Look at deal with PFE . Do I need to say more .

    Also wait for CC

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