I watched on level II WMT close yesterday at 74.88 then $74.90. Today both TD Ameritrade and Yahoo is telling me its up 10 cents to $74.50. If it was up it would be up 10 cents to $75. Am I stuck in pergatory?
I hope KKD isn't going to blame bad weather like everybody else. We've had more snow days in SC this year then the last 20 years. Electricity off in rural area's for a week.
When is earnings release? I live in SC and with all the new Dunkin Donuts and Starbucks opening down here in KKD territory I dread another earnings miss.
This keeps fresh owners in stores. Owners buy a portion of BLMN shares. So an owner of a store, owns plenty of BLMN stock he holds for many years. Hence the low trading volume. The 18 million shares owners will release will tank BLMN as well as high beef prices. SHORT at will.
I was surprised as of 28 FEB 14, the short interest was 45%. I would have thought short squeeze #1 would have reduced it to 35%. This spring still has more BOING..... left in it. See ya at TEN!
43% short interest mentioned on CNBC today. JCP has a way to go before she runs out of steam. I bet 10% tommorow and 15% over next week. JCP will break your heart, whether your long or short.
WMT is headed for $80 in the near future. Will continue to innovate. AMZN has a P/E of 1400. If WMT competes against them we should be selling at $1000 or more a share!
In my day 1970s thru 1990s Sears & KMart (SHLD) were Wal-Marts main competitors. As it appears they will shrink in 2014 and might be gome in 2015 maybe WMT could double in 18 months. Its been awhile sine a WMT split.
It'll make you feel better.
I bet we go above $7.50 by 10:30.
must be too young to use Yahoo. I tried to short before the 10% decrease but TD Ameritrade wouldn't let me. As a short or long I'd still spend a few bucks at JC Penney. Bought a pepper gringer for $15, but on 6 January as many shoppers were coming in JCP with their bags as were leaving with them.
KMX is too safe. I miss the whip saw volitilaty of JC Penney. The board that has paid pumpers & idiots. The pumpers stay forever as they probably work for JCP or GS. The idiots last a few days to weeks trying to catch a 5% move in their direction.
Much better than the old Big King! Now if Burger King could hire smarter energetic staff and fix the pot holes in the parking lots. Kmart and Burger King have always given me the worst service. In SC I believe they leased to shady owners as they don't pay royalties and close and open under new management every few years.
I bought in yesterday and realize why this stock won't rise. I am bad luck! Anything I buy goes down and if I short it goes up. With the average age of US cars on the road being 12 years; I think that should play out over the year.
There blocks are also 3 times as large as buyers. I beleive the downgrading of a mutual fund (5 stories ago on yahoo) because they had too much JCP and SHLD in their portfolio has caused many fund managers to bail. Good sales for December would only have helped the PPS a little.