COST is a safe short at 162

SoesWasBetter said:
They really should have an automated tracking system here.

Would be easy to do.

You post a symbol, bull or bear, and the realtime entry price is logged

Make it easy to see how awful the predictions here are over time.

Magna could offer a ETF that fades all the calls, and mint money.
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I agree. They should also track those who do not trade and just talk. It should be easy.
 
SoesWasBetter said:
They really should have an automated tracking system here.

Would be easy to do.

You post a symbol, bull or bear, and the realtime entry price is logged

Make it easy to see how awful the predictions here are over time.

Magna could offer a ETF that fades all the calls, and mint money.
More...
Yeah... and we can nominate you to be the Pope of ET.
 
Here4money said:
Sears makes more sense no?
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I have pondered for a long time over what can be done with the empty department stores. They're big, lots of sqf. Plus Pennys and Macys are both closing dozens now.

The only reason I said Costco was it has that whole warehouse feel to it.... you know... throw a pile of jeans next to a shelf full of peanut butter next to scratch and dent lawn mowers. It was kind of a tongue in cheek post on my part anyway . But for real... I would think Amazon does need a way to sell returned junk.... they'll probably strike a deal with Big Lots or Ollies.
 
Check out the 12 month chart for COST. You see 3 big drops. $8, $32, and $12. It happens so quick and it is very common for COST. I believe KR (Keroger) is a head an shoulder better company than COST. They have started online delivery and I have used them and they are amazing. I also have COST membership. I do not see their price is competitive. They offer other services like insurance which is way overpriced and you can find a much better deal. All things that I am saying is based on experience and I am not trying to fool myself. I do not think that I can have any effect on COST price action and my posts are more for discussion purposes. Compare P/E of KR and COST. COST P/E is more than twice KR. In conclusion, COST problem is fierce competition and being way way overpriced. 4th drop is coming. Will it be a $40 drop this time? who knows.
COST.GIF
 
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