Alpha 24Seven

Wal-Mart's Mistakes Are Fixable - This Stock's Cheap

Yea but WMT has been "everybody's whipping boy" for over five years. Your talking to retail investors. They are basically inconsequential to a company with float this large. Institutional sponsorship is what is needed to lift this thing and it isn't getting it. WHY? Because the big broker dealers are sick of seeing their other clients that they work with get pummeled relentlessly by WMT. Fund and portfolio managers cringe when they hear one of their holdings is announcing a deal with WMT. WHY? Because they know that WMT will grind them contractually and then shrink margins, or do something really dumb and piss off old higher margin customers to bend over backwards to meet WMTs demands. Ultimately s**t rolls down hill and PPS gets dinged.

WMT has very few friends institutionally and they are dumber than a box of wet hammers to not understand why. Just look at the latest flat screen debacle.

It's like that old joke. "How do you instantly lose twenty pounds of dumb weight? Cut off your head" The minute they cut Scott loose this thing will bounce five points.

And don't even get me started on their never ending parade of cute PR tricks...