Wednesday, September 26, 2007
Buffett buying BSC?
Buffett has done lost his mind.
Kill the bears.
I did a little apples to apples comparison of CMG and BWLD, margins, growth, and short interest. I see what you see, and I'm going to add right here.
Let me know when you're ready for a good Snipe hunt.
Have you looked at WDC? It still looks cheap compared to STX and SNDK. On a side note, I picked up a WDC Mybook at the apple store the other night to back up itunes music and video and there were limited quantities on the shelf.
If it's true, however, the bears are who we thought they were.
My chart-chomping technician just informed me that DXPE is forming a triangle and preparing for "a substantial move". Unfortunately, he cannot tell me whether this move will be up or down.
ERTS: gift buying, Halo rising tide?---Has had it's run, won't be enough focus on their games (minus Madden) with Halo out there.
BWLD: Football season?---priced in (P/E 32.5 too high)
SBUX: Colder weather?---has potential and I actually do have some yet still remains stagnant managements been pissing on our legs and claiming it's raining for months now...BTW AMZN's .89 cent music is going to supercede that of AAPL even if AAPL teams with SBUX it'll be too antiquated by the time it starts getting marketed.
Good luck to you though I've had all three of these be4 at one point or another and have had good luck except w/ SBUX @ the moment.
They're in expansion mode.
BWLD's P/E may be 30-whatever, but that's only discounting what's already known by the market.
I've been to a couple BWLD's in my area. It's full of people spending a lot of money on low cost food. Now that football season is here, those people are spending even more time at BWLD, which directly correlates to how much they spend.
Not only do you have the football season as a catalyst, there are also baseball playoffs and eventually college bowl games, NFL playoffs, and the Super Bowl.
If that's not good enough for you, then basketball season kicks into gear culminating with March Madness.
Who is John Galt?
(sorry, just had to say it)
Fly --Buffet is going to goatee-fuck your LAZ-by-association.
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