good post
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Circuit City Getting Crushed Today
- Thread starter ByLoSellHi
- Start date
Quote from VictorS:
Forgot to mention this is a multiday trade(1day-3weeks usually)
You seem a little undecided, like you want the messageboard to tell you what to do.
I'll continue to trade the differential between the two, i prefer that over guessing which way the market or a sector is gonna do.
Quote from S2007S:
circuit city will be lucky to be around in 5 years. Ever shop at on of their stores. I dont know how they survive, everytime I walk into a CC I feel like its me and the employees.
CDs and DVDs are a thing of the past that no retailer can rely on, sales of big screeen tvs which are still doing well I think will eventually slow down. CC will eventually be bought out or end up closing up.
Well Radio Shack is still around, and how they compete with circuit city and Best Buy..I have no idea.
Quote from GGSAE:
You seem a little undecided, like you want the messageboard to tell you what to do.
Definitely not undecided. I trade "falling knives" almost exclusively. notice how I wanted to short only @ $19. I did not blindly chase a declining issue.
To me it appears selling pressure has eased, now I am looking to go long. I always watch an issue first and plan my trades before hand ( entry, targets, and stops). Sometimes I lose a little, sometimes I leave money on the table, usually the cash register rings with revenue.
Remember the saying,"I have the right to change my mind the moment the words leave my tongue." If CC is down 1 or 2 points I wont be buying. still sound undecided don't I...I assure you I am not.
Quote from S2007S:
circuit city will be lucky to be around in 5 years. Ever shop at on of their stores. I dont know how they survive, everytime I walk into a CC I feel like its me and the employees.
CDs and DVDs are a thing of the past that no retailer can rely on, sales of big screeen tvs which are still doing well I think will eventually slow down. CC will eventually be bought out or end up closing up.
make it 3 years.
This company should put itself up for sale. I walked into one of their stores a few weeks ago, empty, empty, empty.
Best Buy should just buy them out.
Radioshack is another store that should be bought buy BBY as well.
and last, my favorite:
BLOCKBUSTER. Blockbuster may have another 3 years left, no need for them anymore when you have digital uploads right to your set top box. Blockbuster should close every brick and mortor...
Going long CC @ 4.84 PRINT.
Yeah....stugots.
Yeah....stugots.
Circuit City is a continuing sad saga. This retailer desperately deserves bankruptcy and it appears that the executives are in a rush to drive it there.
http://hingefire.blogspot.com/2007/12/circuit-city-continuing-sad-saga.html
http://hingefire.blogspot.com/2007/12/circuit-city-continuing-sad-saga.html