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Execs with Whole Foods Market (WFM -3.1%) are on the mike at the William Blair Growth Stock...

  • Wednesday, June 13, 2012, 10:29 AM ET
    Execs with Whole Foods Market (WFM -3.1%) are on the mike at the William Blair Growth Stock Conference (webcast). Though the company says it has plans to open between 28 and 32 stores next year and maintains it has the potential to operate about a thousand eventually, investors may be disappointed with that growth trek as they sell off shares on larger-than-normal trading volume.
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This news story has 3 comments:

  •  
    Go ahead, sell off! I will just buy more when lower. WFM no fly by night!
    13 Jun 2012, 10:53 AM Reply Like
  •  
    I love the stores but keep wanting to buy when's above my buy price. I should have bought when it was $18 and I was eyeing it, but I thought then, "It's too expensive." Dummy me.

    WF is very popular in cities where people are educated about whole and organic food and able/willing to pay the price. But not many people can afford $20/lb beef, $4.50/lb bread and $5/pint blueberries. So I'm not sure how much more WF can grow.
    13 Jun 2012, 12:46 PM Reply Like
  •  
    True, but they're expanding. I bought a small amount in late 2010 at around $35 and have been adding increments of 25 shares at a time. Last I bought in 2011 at $59 so my average is around $48. Was hoping for a further dip to add more but seems to not stay down for long. Also, now has dividend which makes it even more attractive. I am a novice at trading but think this was one of my good picks. I think how back in 2009 if I had known more about trading I would've bought better stocks; not the specs that looked great but sank like stone. I had WFM then but sold during those scary panic periods.
    15 Jun 2012, 08:21 AM Reply Like
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