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stockchaser64

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stockchaser64

Re: catty post# 1192

Monday, 01/15/2018 8:10:17 PM

Monday, January 15, 2018 8:10:17 PM

Post# of 1937
WMT stores like sam club are losing money due to amazon rise in the retail and now grocery markets.REASON why they must close these stores is due to cost and having to many stores so close together which cause profits levels to fall.THE MAIN problem with Walmart they have to many stores now and with higher wages coming to secure better workers they will have no choice but to close more stores like some super walmarts stores that i have heard will be coming this year .

SO this is the reason i believe this stock will lose market value and this stock could be near it top here and fall back toward the 80 dollar levels very soon.PUTTING A hold on stock and buying some puts to cover here gl and good trading
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