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Roger S D

Roger S D
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  • Costco Would Be A Great Stock, If Only It Were Cheaper [View article]
    The logic of JJ is sound. However, if I had sold COST two weeks ago when this comment was first published, I would have lost a $7 per share paper gain. Will sell when (and if) COST drops $3.00 from current price and buy back when it feels right. Have been doing this for 3 decades and have made decent, but not great money. But this is not a stock for the speculator or those in for a quick kill.
    Jul 21 11:47 AM | 1 Like Like |Link to Comment
  • More on Costco's (COST) June sales: The retailer's healthy 6% gain in comparable store sales for June was derived from higher traffic in stores as the membership fee model continues to lead to consistent performance. By category, fresh food and home goods outperformed for the company. COST +1.2% premarket to $115.00 [View news story]
    I have been shopping at CostCo for over 25 years. And so have all my family members. Their business model, while not perfect, seems to be working quite well. The five stores I have used, including one overseas for several years, I always busy. Their merchandise changes regularly. A lot of their goods are manufactured in China, which may bother some folks, but there are quality goods from China, as well as poor quality goods. Costco is very effective in getting some of the bet goods from China. My on bad experience was in the mid 1980s when my kids bought me a white dress shirt, made from China, and most of th buttons fell off in th first wash. Got our refund with no problems and Costco made sure th white shirt supplier fixed that problem. Today, the dress shirts from Costco at $18.99 are one of the many bargains and quality goods available. The current line of sofas, made in China, are also a great bargain. Their quality control of products made in China is very good. Costco customers benefit from the great product acquisition teams who seek the be products in th world and offer their Customers great value. Littl wonder that through good and bad economic times, Costco is profitable and their Customers reap th benefits. Full disclosure, I am a Costco stockholder and intend to be one as long as this company continues to deliver the goods (and gasoline) at their competitive prices. Heck, even the stock analysts who wave red flags warning about the high price of the stock, grudgingly admit to being Costco Customers. I wii sell the stock when all these critiques stop shopping at their favorite shopping place.
    Jul 11 10:30 AM | Likes Like |Link to Comment
  • China has begun a week and a half of political pageantry that will complete the handover of power to new leadership, with Xi Jinping set to replace Hu Jintao as President and Li Keqiang to take over from Wen Jiabao as Premier. Observers will be watching the extent of any bureaucratic reorganization as an indicator of Beijing's appetite for reforms. The hugely powerful railways ministry, for example, could broken up and folded into the transport department. [View news story]
    Hi, I am a virgin to this group, but am a China watcher and have been for over 30 years. Lecture on Chinese economics, politics, foreign relations and military. Do not expect Party Chair Xi Jingping yo do anything drastic for sometime. I believe that Xi will make some changes in the system, but he needs time to consolidate hi power. The main thing I am watching carefully now is the anti-corruption efforts. The Party must cleanup corruption, but can't go too far, or it could destroy the Party. Xi has a delicate balance to attack corruption as the people expect him to do so, but he cannot go too far.
    Mar 4 06:51 AM | Likes Like |Link to Comment
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