They are great at selling flat screen tvs and their food selection and clothing lines appeal to consumers with money and appetites to match...go figure.
First of all, never call me an idiot. Secondly, what do you think the markup is on flat screen tvs? Don't you think best buy which specializes in electronics has figured that out. Costs specialty is offering larger quantities of food at a really good price. Its like you get twice the mayonnaise for the dollar and that is why fatties er people shop there. Don't get me wrong, serving fatties is an explosive business and as long as cost respects the waistline this company is good to go.
They have figured out that investors will pay a higher multiple for having their own money returned back to them It is called the nervous they will see anything ever conundrum.
Oh so you think selling flat screen tvs is more profitable than selling large quantities of food at a discount?
The fed will never be raising interest rates ever again. So, no more inflation, no more rush to buy stuff but a general feeling of being able to stuff your face with food. So cost is in the sweet spot.
I think you are right. After it goes to 50 due to the dollar getting out of control. This is what caused the 87 crash in case you didn't know. An you can holler and scream but to 50 it will go. This is why you only invest in cash or bonds most of the time. Stocks are great after 1987 type crashes.
Home depot uses C. They are excellent at extracting late fees. Watch how they make the due date coincide with the first of the month which is statistically shown to create the most late fees as consumers are used to the other more reasonable due dates like amx had.
Seriously. Why would it matter what price I shorted at. The only thing that matters is that this is a $60 stock at best best outcome assuming perfect excecution.