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traderfjp

05/17/21 9:31 PM

#1778 RE: Avidfisher #1776

I'm out at 140.00. I've been trading and holding at times. Last quarter they missed estimates and the stock went down 13%. I don't want a replay of that. I would rather wait on the side lines and see what happens. Walmart is under pressure to raise wages. It's very hard to get employees right now. I think that they still had to spend a lot to make their stores safe and they had to raise wages. This won't be a killer quarter. WMT is trying desperately to cut into online sales from Amazon. Why in the world they don't give every customer that goes into their store a free 3 month membership and 20.00 to spend online is a mystery. You have to get people use to using the site. Everyone is comfortable with Amazon. Also, why they got rid of Jet is another mystery. It was hip and whenever I bought something Jet would come up with an ad for a lower price.