Replies to post #21045 on Value Microcaps Motherboard

[roguedolphin]

Walmart....I tend to agree with your points Len. The little guy is really going to get "squeezed". You can COUNT ON rising prices at Walmart also....rising transport costs and higher Chinese Yuan/lower US dollar.

If they beat up WMT bad enough it may even be a nice "contrarian" BUY for guys like us that want to "bottom fish" here and there.


Rogue

[deathtotaxes]

Len.Tin.Man - You are the ultimate cheapie. LOL

Walmart sells "necessities", most of the crap in Walmart is just that "crap". How many plastic crappy toy's do we really need. How many shirts that you can wash 5 times before they fall apart do you really buy?

The upper middle class can pay $3.00 per gallon and still shop upscale, maybe with some restraint. They won't be caught shopping at Walmart. Think of what the neighbors would say.

Walmart is pretty much everywhere in the USA, except for the places that are fighting against them coming here, like Portland. Low margin merchandise, that they can only squeeze the vendors so hard before they go under. I think you have posted to that effect in the past.


From my 3 years of living near Walmart, I don't own anything that still works or has not rusted within one season (think patio furniture).

I would not be buying Walmart, nor any other retailer at this point in the economic cycle. Well maybe some of the electronic retailers for the holiday sales, but I sure would not want to own them into 2006.