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Bed Bath & Beyond -- BBBY - An Update

|Includes:Bed Bath & Beyond Inc. (BBBY)

I recently commented on BBBY here as a potential purchase

seekingalpha.com/instablog/706857-fear-a...-retailer

I initiated a position today @ 65.05 .

It's never easy to select the bottom, but i believe we may have seen a line in the sand drawn here in the 64-65 area.

Near term target of mid 70's , longer term 80-85 ..

Best of luck to all !

Disclosure: I am long BBBY.

Additional disclosure: I am long numerous equity positions - all of which can be seen here in this blog..

Stocks: BBBY