InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,346.56
(
-1.84%
)
US TECH 100
17,900.00
(
-2.65%
)
Dow Jones
39,737.26
(
-1.51%
)
Brent Oil
77.36
(
0.00%
)
Bitcoin
61,936.76
(
0.84%
)
Post# of 704019
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Zeev Hed

Send PM Follow Ignore
Followers 1061
Posts 44342
Boards Moderated 3
Alias Born 07/07/2002

Zeev Hed

Re: rockfish post# 388885

Thursday, 05/05/2005 5:47:02 PM

Thursday, May 05, 2005 5:47:02 PM

Post# of 704019
It is not helping the stock that much anyhow. Buying your own stock at 36 times earnings, even when growing at 20% year (and when the market is getting a little saturated) is a folly. SBUX broke major support a while back in the $48.5/$50 area, and dumped hard from there, I expect a repeat and new lows on it.

AZH

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up