Costco Wholesale Corp. (COST)
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- General Discussion on COST
- Inflation a Huge Drag as Energy Costs Transform Consumer Behavior [view article]
- Financial Downgrades Down Markets - Fast Money Recap (8/19/08) [view article]
- Toll Brothers Staying Alive - Fast Money Midday Recap (8/19/08) [view article]
- Hedge Fund Tracking: Tremblant Capital [view article]
- Bullish Dollar Rally - Fast Money Recap (8/15/08) [view article]
- JPMorgan Mortgage Losses - Fast Money Recap (8/12/08) [view article]
- Huge Opportunity - Fast Money Midday (8/14/08) [view article]
- Costco, Wal-Mart Lead a Consumer Revolution [view article]
- Ready to Rally - Cramer's Mad Money (6/13/08) [view article]
- Dollar Surge - Fast Money Recap (8/8/08) [view article]
- Middle Class Retail Sales Point to Continued Weakness [view article]
- Wall Street Breakfast: Must-Know News [view article]
Recent COST Articles
- Financial Downgrades Down Markets - Fast Money Recap (8/19/08)
- Inflation a Huge Drag as Energy Costs Transform Consumer Behavior
- Toll Brothers Staying Alive - Fast Money Midday Recap (8/19/08)
- Bullish Dollar Rally - Fast Money Recap (8/15/08)
- Huge Opportunity - Fast Money Midday (8/14/08)
- Hedge Fund Tracking: Tremblant Capital
- JPMorgan Mortgage Losses - Fast Money Recap (8/12/08)
- Relationship Sustained - Fast Money Recap (8/11/08)
- Dollar Surge - Fast Money Recap (8/8/08)
- Retailers' July Sales: Discounters Strongest
- Full List of Articles »
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It's Not Easy Being Evergreen - Cramer's Lightning Round (7/9/08) [view article]
Is FSLR about to make a bid for SOLF (very cheap now)! ReplyReaper
It's Not Easy Being Evergreen - Cramer's Lightning Round (7/9/08) [view article]
OFFICE DEPOT:New end of year projections: Projected close at $3.80per share for year end 2008.
OFFICE DEPOT HEADLINES:
Crisis in the Business Solutions Division (BSD)
Office Depot's contract delivery division resposible for 52% of ODs annual revenue is in dire straights. The crisis with BSDin more severe and significant then the declining sales and ROI from the retail division. Currently BSD does about $1.4 billion a year in government contract sales, mostly to state and local government agencies. The largest single OFFICE DEPOT contact is the US Communities/Los Angeles County/Office Depot contract for officeand school supplies, which is valued at $700 million annually.
In April an ex-senior account manager with Office Depot BSD came forward as a whistleblower, with allegations that Office Depot was engaged in systematic schemes to overcharge and defaud government accounts to amounts in excess of $70 million per year. The states of NEBRASKA, GEORIA, NORTH CAROLINA AND CONN. issued scathing audit reports with NEBRASKA AND GEORGIA cancelling the contract with Office Depot. After the whistleblowers presentation to the ATTORNEY GENERAL of the STATE OF FLORIDA, the Attorney General ordered his elite Economc Crimes Division to immediately open a wide ranging FRAUD investigation of OFFICE DEPOT and its government contracts.
Presently the investigation in ongoing, as other audits and investigations are popping up across the country concerning Office Depot's contract businss with government agencies.
OFFICE DEPOT i required by law to report and dsclose these significant cotigent labilities in their financial statements. By not disclosing how these events can material effect the value of the company, is injurious to the stockholders and investors. THE SECURITIES AND EXCHANGE COMMISSION, should soon be investigating the lack of disclsure by Office Depot.
THIS WILL BE THE WORST PERFORMING STOCK OF 2008, AND WILL HAVE A HIGH PROBABILITY OF BEING CONSUMED BY A VENTURE GROUP AS THE STOCK CONTINUES TO DECLINE AND INVESIGATIONS MOUNT. Reply
Costco, Wal-Mart Lead a Consumer Revolution [view article]
You miss the dollar chains--the growth is even stronger there. Replynly
It's Not Easy Being Evergreen - Cramer's Lightning Round (7/9/08) [view article]
He always has an agenda as with Sirius. I do not trust him. I will continue to buy ESLR on ANY weakness. ReplyIt's Not Easy Being Evergreen - Cramer's Lightning Round (7/9/08) [view article]
i just wonder if anyone here follows cramer.i used his picks as a contrarian. it always seems to me that he is picking longs at the highs and shorts at the bottom.
2 years back i saved tons of money on CEPH using his advice. when he said to buy when the stock went to 80 i ran to the hills and it took a nose dive.
it also seems to me he is like day trader. one day he says FSLR is huge buy, next day he says CEO sells tons of shares so we don't like FSLR, few weeks go by and again he loves FSLR.
i wonder if someone is calculating his returns - it will be very interesting to see if he's in the green or if he's a consistant loser.
Reply
Big Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America [view article]
Wal-mart doesn't buy near as much from China, now. They buy from Asia.Everything is going up that the retailer has to sell. Wal-Mart just doesn't try to make a fortune off of each person that walks through the door. They have every day lower prices. Reply
The Worsening Retail Climate [view article]
Fast forward to July 2008 SKS stock is worth less than half it's 52 week highs. I live right down the street from South Coast Plaza a world class destination mall and the numbers are dismal. This area of Orange County was ground zero of the sub prime debacle. The fake riche' shoppers are gone their losing their houses. Luxury is keeping your job and having money to fill your tank to get to work. California is undergoing a big shake up across all sectors. I'm laughing at all the high paid politically correct upper management now. I'm sure corporate earnings and store numbers suck and their worried about how much longer they'll occupy their cushy offices (Barbie collections and all) before the transfer. Thank god I went back to the small business model I thrive in and the numbers prove it. Talent is never recognized through the layers of political fluff and ass kissing. ReplyIron Man Is a Marvel - Cramer's Lightning Round (5/1/08) [view article]
Who in the world would listen to Cramer? Haven't you seen enough of his NOTHING? If you want to get rich in the market, listen to him only, to buy everything he DOESN'T LIKE. Make some money for yourself, accumulate WYNN and LVS now. ReplyIron Man Is a Marvel - Cramer's Lightning Round (5/1/08) [view article]
Cramer is like all these other advisers. He follows the leader. When a stock is up, he recommends it. When it's down he calls a sale. All you have to do is buy Investors Daily Journal for a buck.Cramer is the type of person who buys high and sells low. Reply
This Bud's for InBev - Fast Money Recap (6/11/08) [view article]
It's amazing how much patriotism is getting in the way of what is obviously a profitable move for BUD and its shareholders. Investors must have missed this lesson: Don't let your emotions getin the way of your investments.
It places too much sentimental value on the Company.
Instead of holding on to BUD for dear life, check out this article about how to make a profit by using puts and
calls. www.greenfaucet.com/fu...-...
Pretty interesting stuff, and depending on what you think is going to happen, there is a lot of room for profit here.
A lot safer than holding and hoping. Check it out. Reply
Big Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America [view article]
My daughter and I have been shopping at Big Lots for years as we've moved around the country. We have found more fun things there at great prices. I resent anvor's comment re bums etc. She is an NP, her husband is an MD, and I am MS mama living of my investments. ReplyBig Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America [view article]
I have been looking at Costco here but it seems to have resistance somewhere between 74.47 and 75. Looks like it could go back to 70 or even 67.85 before going higher. I found the comment about increasing costs of Chinese imports interesting and something to consider. In any event I think it is time for me to get a membership to shop there even if I don't buy the stock. Thanks for the article. ReplyBig Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America [view article]
I drive by a Big Lots every Tuesday. The parking lot is nearly empty at 6:30 p.m. Always. Which tell me that perhaps the people who shop there during working hours are the bums and the retired (looking inside store - bums and illegals). Meaning, BigLots appeal is not universal, and may not have an up trend in the wings. ReplyBig Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America [view article]
I like COSTCO.. Considered by me the best managed of the big box retailers. Never had a bad experience with COSTCO and I feel certain they will thrive as the US economy worsens. I don't know BIG LOTS, but from the description above they sound as though they are doing very well. No matter how bad things get, people have to eat, wear clothes and buy personal necessities. These big three are geared for this. ReplyJacome
Big Lots, Wal-Mart and Costco: 3 Musketeers of the Pooring of America [view article]
WAG is getting smoked, stock isnt in favor at all right now. Reply