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Wal-Mart Stores Inc. Message Board

truth_and_reason 14 posts  |  Last Activity: May 25, 2016 9:58 AM Member since: Jul 24, 2011
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  • truth_and_reason truth_and_reason May 25, 2016 9:58 AM Flag

    That's pretty funny Phil. The fund manager is the stupid one, yet you've been paying him 10x what you would pay at Vanguard for all the years you've been laying carpet.

    That and you admit you're clueless as to what you're holding.

  • As I posted here last summer my belief is Trump is keeping the heat off Hillary. Everyone is so focused on Trump you hardly hear anything about e-mails and Benghazi and the slew of skeletons in her closet.

    But no, that's not why she will win. The reason she will win is she has the backing of the big money Wall Street investment banks. Mainly Goldman Sachs. If you remember they were President Obama's largest private contributors during the last 2 elections.

    Let the good times continue to roll for the 10% and anyone else who is smart enough to be planning a seat when the music stops in this financial game of musical chairs.

    That's my prediction. We shall see.

  • They are already here. Just flip on you TV set.

    Last night I saw a commercial for the #1 selling car in the USA for 15 years offering 0% for 72 months.

    I also saw commercials for Ford offering 0% for 72 months and Jeep offering 0% for 60 months. All with about a half hours time so I would assume there are quite a few more.

    Obviously the cost of funds for these manufacturers lending arms is more than 0% so they are already in negative rate territory.

    On another note last week I saw a national GM commercial offering huge discounts on all remaining 2015 models in stock. 16's have been out 7 months and they are still selling 15's coming off a record year in the automotive industry?

    It's all good.

  • So Fhail Walton could make a few pennies reselling sweaters?

    Work it, girl. I just hope you can settle up with your maker. I don't think he/she had any intent that so many would suffer for so little.

  • truth_and_reason truth_and_reason May 10, 2016 8:56 AM Flag

    -Bangladesh is simply a flood ridden lowland where people work hard to support their families. No matter how many sweaters Bangladesh churns out, they are no threat to America.

    Your resale sweaters are from Bangladesh? That's why it's o/k to profit from "slave labor" as you call it? You sound more and more like the Waltons with each passing day Fhail.

    Not to mention you must be one of the very people you described when you wrote this of the 100's of people who died in the Bangladesh fire.

    "Work it, girl. I just hope you can settle up with your maker. I don't think he/she had any intent that so many would suffer for so little."

  • truth_and_reason truth_and_reason May 2, 2016 11:05 AM Flag

    Shall we compare Trig?

    When old guy multi-billionaires Buffett and Munger speak they are widely covered worldwide and have the ability to move markets.

    You on the hand have made nothing but incorrect calls on your platform, the WMT message board, while people actually feel sadness because of your disability.

    Did I miss anything in this Readers Digest version?

  • Reply to

    Poor Pops Buffett getting hit again

    by tigersnumberone962 Apr 22, 2016 9:02 AM
    truth_and_reason truth_and_reason Apr 22, 2016 9:17 AM Flag

    Trig, not everyone can make calls like your famous ones of the market going up 50% in 2014 and gold going to $380 in 2015.

    I noticed you failed to provide any predictions for 2016, not that I blame you.

  • Reply to

    Out

    by truth_and_reason Apr 12, 2016 4:21 PM
    truth_and_reason truth_and_reason Apr 13, 2016 7:48 AM Flag

    Hi Paul,

    Given the time horizon WMT laid out for their turn around, I would have never thought I would book this sale as quick as I did. But as the old saying goes, I never met a profit I didn't like. Maybe another go around after earnings later in the month.

    As far as oil

    Do I think there will be an agreement? No.

    Do I think that if an agreement is reached that any one of them will do what they say? No.

    That said, my sell price on this series of buys on the way down is $80-85 bbl. My time horizon for that is within 5 years. I'm patient. And I'm prepared with guns loaded for a new low before I see my target.

  • truth_and_reason by truth_and_reason Apr 12, 2016 4:21 PM Flag

    No, not like a liberal, I'm out of WMT as of last week at about the same price it sits at now. Retail's not really my cup of tea but who can refuse a quick 20%?

    Hope you guys listened to me about oil, but since you guys were all talking about how oil was going away it's more likely you lost your assets on renewable.

  • Reply to

    Omar Khadr

    by brian_timlick Mar 29, 2016 8:28 AM
    truth_and_reason truth_and_reason Mar 29, 2016 9:04 AM Flag

    And what part of murder is it you do not understand?

    He plead guilty to murder but has no memory of it?

    I'm sure he loves Canadians though. Got him out of prison only to sue them for $20,000,000

    Sounds like a stand up guy you are defending.

    And why did you respond to me without answering my question?

  • Reply to

    Omar Khadr

    by brian_timlick Mar 29, 2016 8:28 AM
    truth_and_reason truth_and_reason Mar 29, 2016 8:31 AM Flag

    So why are you posting about a convicted murderer who plead guilty to murdering an American on this board?

  • Interesting read on Forbes for those interested in educating themselves.

    I'm guessing the author knows a little about Greece and economics.

    Bio: Panos Mourdoukoutas

    I’m Professor and Chair of the Department of Economics at LIU Post in New York. I’ve published several articles in professional journals and magazines, including Barron’s, The New York Times, Japan Times, Newsday, Plain Dealer, Edge Singapore, European Management Review, Management International Review, and Journal of Risk and Insurance. I’ve have also published several books, including Collective Entrepreneurship, The Ten Golden Rules, WOM and Buzz Marketing, Business Strategy in a Semiglobal Economy, China’s Challenge: Imitation or Innovation in International Business, and New Emerging Japanese Economy: Opportunity and Strategy for World Business. I’ve traveled extensively throughout the world giving lectures and seminars for private and government organizations, including Beijing Academy of Social Science, Nagoya University, Tokyo Science University, Keimung University, University of Adelaide, Saint Gallen University, Duisburg University, University of Edinburgh, and Athens University of Economics and Business. Interests: Global markets, business, investment strategy, personal success.

  • truth_and_reason truth_and_reason Mar 29, 2016 8:18 AM Flag

    What I remember Fhail is you are always telling people about other peoples losing stock picks in effort to make your own failures somehow appear better.

    If anyone, and I do mean anyone invests in the stock market they will have losers in their portfolios from time to time. That includes everyone from Warren Buffett all the way down to you.

    Anyone who claims they have never lost any money in the stock market is 1. Lying or 2. Has never had any money in the stock market.

    Hope you feel better about yourself after your rant about Shep.

  • If you have been using Fidelity's Visa and/or American Express you're already getting 2% cash back on everything, yes everything you buy.

    Fidelity® Rewards Visa Signature® Card
    Earn unlimited 2% cash-back on every net purchase, with no annual fee

    All Costco AmEx holders will receive a new Citi Visa in the mail in May or June and don't need to apply for the new card. Through the Visa, cardholders will receive significant savings such as cash back on gasoline purchases of 4%, versus 3%; a 3% bonus on restaurant and travel; 2% cash back on all Costco purchases; and 1% on everything else.

WMT
70.75-0.10(-0.14%)May 27 4:00 PMEDT