I agree and don't know why there is so much focus on needing an acquisition to boost the share price. GILD has its own active pipeline and is not a one trick pony.
You sound like a smart investor. Thanks for the intelligent post.
It was a 4% drop actually, and that seems like an overreaction to the Macy's news. Macy's is only one outlet for Kors and doesn't account for sales worldwide through all the other distribution channels.
An SEC filing showed director Olson Per Wold bought 10,000 shares of GILD at a cost of $99.92 each, with a total investment of $999,150, on Friday. A insider buy like that speaks a million times louder than the naysayers.
I'm long and not worried either. Actually, a target price of $115 seems very conservative to me. But if the worst case scenario with the Credit Suisse downgrade is 15% upside plus the new dividend, I'll take it happily.
Well said. I agree wholeheartedly and bought more today. I had the same experience with aapl and sold too soon. Not repeating that mistake.
If CEOs had to respond to every downgrade, they would never have time to run a company. The rationale for the downgrade was ridiculous, but the proof will be in performance, not talk.
I bought this stock at $57 recently, based on the median $63 target, 4 strong buys, 14 buys, and 4 holds and the fact that I have made money on it in the past. Since then, it has done nothing but go down. Yes, the company has its faults (what company doesn't?), and the economic climate is volatile, but when is the upside coming?
The Teavana brand could give SBUX a big lift in Japan and neutralize the concern about China's slowing economy and its negative impact on the stock price. The big upswing today shows that taking full control in Japan was a smart move.
I agree, but it's a waste of time to try to change a closed or deranged mind. I put him on ignore and suggest that you do the same so we can reclaim this Board from the invasion of the Starbucks snatchers.
Just to be clear: Yahoo defines SBUX as a "Specialty eatery" and lists its competitors as Darden, Yum, Nestl, and McDonald's , a category to which Chipotle belongs. SBUX sells coffee outright, so the comparison to Keurig Green Mountain, another coffee retailer is warranted. The fact is that we don't need any comparisons to know that SBUX has not been on a tear recently and there is some concern that it's big investment in China will not pay off. I'm just sayin'.
GMCR, up 1.13% today and has been on a continuing roll, for a direct beverage competitor, and CMG, a fast food competitor, up 1.48% today and has also been going up steadily while SBUX is not and has not been doing as well comparatively. I'm not a dnkn investor.. Can I stay?
This back-and-forth trash talk is driving me to drink--and it's not coffee. Please, could we forget about Bitty-Bit and his ilk and talk about SBUX for a change? Why is it lagging others in this space? What's the outlook?