Replies to post #388895 on Zeev's Turnips Patch-No Politics (ZEEV)

[TexasTech]

Zeev:

You don't think the expansion to China will boost SBUX over the next year? Is your SBUX short designed for the very short term?

This chart is hard to argue with http://finance.yahoo.com/q/bc?s=SBUX&t=my&l=on&z=m&q=l&c= but on the other hand rich valuations will fall?

TT

[TexasTech]

Zeev:

I'm watching SBUX and would like to know when you cover. You are expecting new lows? Where will those new lows settle out?

TT

[TexasTech]

Zeev:

I took a small profit on SBUX and noticed you shorted SBUX around $50 (stock now $55). Did your stop trigger? Are you doubling down from here since you except new lows? Think this high price of $55 might be a good place to initiate a short.

Thank you,

TT