Seeking Alpha
  • FortSumter
    BBY Mentioned as a short via puts on 7/2 with that ridiculous spike. July $19 up 87% with more room to go. This company is dead.
    7/11/12
    Reply (7)
    • vloiki: How low do you think the stock is going to go?
      7/11/12
    • FortSumter: There's no impetus going forward to support this company.
      7/11/12
    • FortSumter: As Einhorn said, how can you compete against a company (AMZN) that doesnt care about making money?
      7/11/12
    • Ocean Man: I kept planning to short that buyout rumor and missed it.
      7/11/12
    • Josh Krause: AMZN price advantage will be disappearing in their largest markets this year. Then BBY can leverage their superior margins to undercut AMZN
      7/11/12
    • FortSumter: Josh - I agree with you about AMZN but still think BBY is on the way out. They wont hold the course will will make rash decisions to placate
      7/12/12
    • FortSumter: wall street and slowly go under. It's all about qtry earnings these days and not long term mgmt.
      7/12/12