Buy GLD, short BBY

Last post 07-27-2008 1:02 PM by rosebud07. 3 replies.

Page 1 of 1 (4 items)
	Sort Posts: Previous Next

07-24-2008 2:44 PM

I'm Just A Player
Joined on 06-20-2008
Posts 783

Buy GLD, short BBY

GLD is still doing well! I wonder why Best Buy has been doing poorly lately? Perhaps with the summertime more people are outside instead of indoors playing with their electronics, but that is just my guess.

07-24-2008 3:23 PM In reply to

trader477
Joined on 08-25-2007
Posts 567

Re: Buy GLD, short BBY

there's alot of truth to that for sure,,good luck partner !

07-25-2008 7:03 AM In reply to

podstock
Joined on 05-11-2008
Posts 983

Re: Buy GLD, short BBY

why is BBY doing poorly?

housing prices dropping, no more house ATMs, people losing jobs, gas at $5, milk at $5, bread at $4

who's gonna pay high retail price at BBY?

For example, a USB adapter costs $15 at BBY

Go to Frys and you can buy a similar item for less than $5

I did just that. Adapter works just fine

07-27-2008 1:02 PM In reply to

rosebud07
Joined on 11-01-2007
Posts 3,263

Re: Buy GLD, short BBY

I agree, products at Best Buy are way over priced. Tiger Direct provides brand names for less.

Page 1 of 1 (4 items)

All information is provided on an "as-is" basis for informational purposes only, and is not intended for actual trading purposes or market advice. Quote data is delayed up to 15 minutes. Quotes provided by Thomson Financial. Neither Wall Street Survivor™ nor any of its independent data providers are liable for incomplete information, delays, or any actions taken in reliance on information contained herein. By accessing the Wall Street Survivor™ site, you agree not to redistribute the information found within. Wall Street Survivor is a product of Stock-Trak Group, Inc.,. (OTCBB: STKG), a provider of web-based financial simulations for business and education.