Whole Foods Markets (WFM)

[Nebuchadnezzar]

the only thing on sale is the stock price

expecting another 5-10% fall from here

not over sold at all SFM just beat estimates which is taking direct share away from WFM

not to mention other big box stores and traditional grocers selling organic

also dont forget, food prices arent going down anytime soon so this cost reduction crap from whole foods is just that, crap.

i like the stores a lot, just not the prices

this stock will likely sell further before it really moves again

all you needed to know today was VOLUME VOLUME VOLUME and it went down 18% that means big holders are moving on, the growth story here is done at least for quite some time..remember this stock was at $8 pre split levels and ran to $90+ a share so that move aint happening again.

I will be a buyer at $37 and lower maybe a little nibble at $38 or $39 but i see $35 by next earnings--WEATHER MY ASS WHOLE FOODS--they make a shit ton of money in California--they dont have weather problems