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Old 06-16-2017,
AbnormalReturns AbnormalReturns is offline
Senior Member
Join Date: Jun 2014
Posts: 114
Default Whats going on with Best Buy (BBY)?

Big drop today, and lots of recommendations to buy, I'll try to get in tomorrow if the price stays so low.

Anyone else in on BBY
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Old 06-18-2017,
AbrahamMof AbrahamMof is offline
Join Date: Feb 2017
Posts: 0

You didn't listen to Cramer did you? Hope not.

Margin. Numbers were pretty good but lower/smaller margin for the next quarter. Less margin, less profit.

This shouldn't surprise anyone given the state of the economy and discretionary income with 20 percent unemployment.
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Old 06-18-2017,
adarogiegbay adarogiegbay is offline
Join Date: Apr 2017
Posts: 0

I like BBY at these levels and think you could initiate a position right here.

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Old 06-19-2017,
AddiePaync AddiePaync is offline
Join Date: Feb 2017
Posts: 0

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Old 06-20-2017,
Adavidtup Adavidtup is offline
Join Date: Jan 2017
Posts: 0

Looks like its a buying oppurtunity.

Held trendline support and bounced nicely at strong support at 40.95.

Get long BBY here its one of the best retails play out thier.

I think AMZN is too rich here and WMT is a slow mover.

This pullback is a buying oppurtunity in BBY

$48 price target Initiated.
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