I thought it was assumed.
We all know porn is even bigger than HDTVs.
Seriously though, CC is a major force in online retailing, with 75%+ as much traffic as Best Buy, or more than most department stores.
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12-18 Month Turnaround Plays - Circuit City. AMD, Yellow Roadway
- Thread starter ByLoSellHi
- Start date
I thought it was assumed.
We all know porn is even bigger than HDTVs.
Seriously though, CC is a major force in online retailing, with 75%+ as much traffic as Best Buy, or more than most department stores.
That list doesn't even include online retailers such as Amazon.com
The only retailer with a strong online presence in that list is Walmart. Circuit city does have strong growth in their online sales segment but they're still a small fish in that game.
The only retailer with a strong online presence in that list is Walmart. Circuit city does have strong growth in their online sales segment but they're still a small fish in that game.
Quote from enforcer99:
you seem like you already bought both CC and AMD and are trying to convince yourself that you made a smart decision. the smartest decision for you to make would be to sell and limit your losses in those 2 pieces of garbage and move on.
I don't seem like I did; I did. And I listed my entry price in the first post.
I convinced myself to go long before I entered my positions.
I haven't changed my mind.
Your welcome difference of opinion is what makes a market.
Quote from ByLoSellHi:
CC (in @ 3.84) - No debt, tons of cash, 5th most visited website on the web, 12 billion in revenue per annum (CEO is a wanker). Prime for a turnaround in margins and/or a buyout (was almost taken private at $20/share just several months back).
AMD (in @ 7.25) - part of the computing processing duopoly with Intel. Does anyone actually think PC manufacturers want to sole source from Intel? That's like asking to be raped.
YRCW (in @ 14.17) - Incredibly cheap valuation, and a necessary part of the very basics of American (and now international) commerce shipping. Biggest customers include Wal-Mart and Home Depot). Trucking of everything from decking material, groceries, and HDTVs to stores is here for good.
Rumors of the demise of the American Consumer are greatly exaggerated.
(Short term economic volatility notwithstanding)
Whats your point? Buy these damaged goods for a trade and lose money? I don't think so.
Quote from day7793:
Whats your point? Buy these damaged goods for a trade and lose money? I don't think so.
No, buy them as an investment and have your patience rewarded.
These are not short term trades.
I made money shorting CC at $19, so, that was my trade on that particular equity. Now I'm long term long at entry of $3.84.
Same thing with AMD. I was short AMD at $22, and now I'm long for the precise reason dsg just stated.