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damonnoah

damonnoah
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  • Best Buy (BBY -3.8%) slips lower after S&P Capital IQ cuts its rating on the retailer to Sell from Hold on a valuation call. [View news story]
    I don't even understand how BBY is at the price that it is. They have a negative margin for every product that goes out the door. They have an overhead and cost structure that is not sustainable. I'd be shocked if Best Buy was still in business in 5 years. I was short on BBY last year from 26 to 13 and suspect i'll get short again on this stock in the coming weeks.
    Mar 27, 2013. 04:45 PM | 1 Like Like |Link to Comment
  • 5 Reasons Tesla Motors Will Thrive [View article]
    Like the points and agree with them as well. I have three children and i doubt any of them will ever drive a car that takes gas. The train has left the station when it comes to this technology and it is only a matter of time that Tesla becomes the next BMW or Mercedes or simply gets bought. Long Tesla @ 34 and Apple at 427
    Mar 21, 2013. 01:50 PM | 7 Likes Like |Link to Comment
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