stox4u

Circuit City's Shares: No Different Than a Lottery Ticket

Circuit City is not much different than any other publicly traded company operating in today’s hostile market environment. As far as I’m aware, they made a very prudent move by firing high cost commissioned sales reps and replaced them with lower cost employees. As far as I’m aware, circuit has some of the best web based training available for sales reps and it doesn’t take much time to get them up to speed. Circuit City is a much better run company than it’s competitor but they are only a casualty of negative public perception. I’m sure that most stock holders have seen volatility through most sectors and many stock values are based strictly on Wall Street emotions instead of facts. As far as I’m aware, most company stocks as of today isn’t too much better than the purchase of a lottery ticket but as it pertains to Circuit City, I say that it’s a matter of patience. This company will be fully restored and be made whole again. My suggestion is to buy as much as you can afford and watch your money grow by 10+ fold.