He will not get involved here because there are no issues with BBY's current management team that's why he gets involved with most stocks. Maybe at $22 earlier this year but not at this point. How much more value can be unlocked at BBY other than on their on-line which they are making good progress with. If BBY sold their Asian business I think you would see a $3-$4 bump in days it would cut those losses and free up even more cash to buyback or bump the dividend again. Either way it is a nice move for a so-called "dead business" from those lows near $22.
Mine does not work telling me their engineers are working on it and have been having problems with the site lately also.
They may try to hold the line yes buy on the CC they did say they expected a very competitive Holiday season pertaining to pricing and I would guess that they were directing most of those comments right at Wal-mart. But if you go into Wal-mart their store visuals and assistance pertaining to electronics are not even in the same league as BBY.
There is no question they are pushing the right buttons right now but there are two things that concern me is a lot of the new tech stuff already been bought before the holidays and "The Weather". After what the weather did to retail and the country last year and what I have seen around the country so far has to stay in your thinking. This was a very good quarter but have they pulled forward a lot of the good news with the cost cutting and the lower gas prices over the past month or two. I am a skeptic by nature but all in all they are doing good.
Stock is up nice so far I see no guidance yet but overall pretty good so far. I guess guidance and/or the CC can change things. Holding above $37 now but it is very early.
Covered yesterday at $7.339 of course as of today it appears too soon but I had a Doctor's appointment and errands to run after so I covered yesterday since I knew I would be out for the AM session today. Not short any longer.
I remember seeing so many sleepy women at his house. I always thought they were overworked actresses.
I would look at a two week chart if you can here on Yahoo. On November 5th it traded between $7.50-$7.99. Where is the stock right now....$7.28-.29. Your math is off about the 41% and this seems to be in the grips of continued profit-taking lately and to deny that will see your gains disappear or losses grow.
Within a week this will be near or under $7 (came close today) that's my belief on how this stock has acted while markets continue to grind higher. Other than their debt situation which is very good this is a low quality stock and they will be amazingly lucky if they hit those projected growth targets they put out last week.
Never used GRPN just trade it. After what I heard at the presentation last week I though they were speaking about Amazon all day long. It certainly was a love fest.
to make PBR go lower. All day long with the same horror story over and over. Cramer's hedge fund brothers must be cashing in on favors. Unless more new bad news arrives and it can this looks to have bottomed for now during yesterday's trade.
They can short this down to the 52 week low on the breakup fee news as a perceived negative shake out weak hands along with the struggling oil price then when they are done they flip and pile in and go long. Watch this stock in a week or so where it is....$51-$52 at least.
I wonder if he actually gets any at home from the wife? Put the two side by side and it had better be love or just a marriage made in DC.
The irony of it is that energy prices have partially collapsed and this pipeline may not be needed to help bring down prices even more. This pipeline will not be on line for quite awhile anyway and when it does start production it may actually harm or put out of business some of the recent domestic players who may not be as hedged or will not survive producing at lower price levels. You may end up with a scenario where you are creating new jobs there and eliminating existing jobs elsewhere.