is stock in Wal Mart a good buy in the next few days?

[Stillriledup]

I've been reading some negative things that have been coming out about Wal Mart, something about bribes?

Anyway, im assuming that the stock price will go down this week on the heels of that negative news....but, since its an otherwise strong company, maybe this is a 'good bet' and the price will eventually 'correct' itself in the near future?

[PaceAdvantage]

Doesn't Walmart tend to do better in a down economy?

[Red Knave]

I've been reading some negative things that have been coming out about Wal Mart, something about bribes?

Anyway, im assuming that the stock price will go down this week on the heels of that negative news....but, since its an otherwise strong company, maybe this is a 'good bet' and the price will eventually 'correct' itself in the near future?
If you've been reading about it so has everyone else and the price already reflects it.

[Dave Schwartz]

National news had an article the other day about a pending strike on Black Friday.

That cannot help.

[sammy the sage]

National news had an article the other day about a pending strike on Black Friday.

That cannot help.

And if a currency war develops...ouch...

[lamboguy]

And if a currency war develops...ouch...
there already is a currency war, don't you know that Japan is now buying up all the gold that they can put their hands on now?

they got central banks buying up the gold that have never been buyers before. fwiw, they are buying up silver as well.

[Greyfox]

Trivia Question

Only 1 organization in the whole world employs more people than Wal-Mart.

Name that organization.

[RaceBookJoe]

Trivia Question

Only 1 organization in the whole world employs more people than Wal-Mart.

Name that organization.

US govt?

[Greyfox]

US govt?

Sorry. Try again.

[lamboguy]

Trivia Question

Only 1 organization in the whole world employs more people than Wal-Mart.

Name that organization.either the Chineese or United States governments

[RaceBookJoe]

I've been reading some negative things that have been coming out about Wal Mart, something about bribes?

Anyway, im assuming that the stock price will go down this week on the heels of that negative news....but, since its an otherwise strong company, maybe this is a 'good bet' and the price will eventually 'correct' itself in the near future?

WMT seems to have some price support in this area ( $68ish ) on the daily chart and its also right near the 200ma and it is oversold, as some positives. On the negative, it lost a bear cup pattern and the 20ma recently sliced through the 50ma. If it doesnt hold here, there is some support around $66 and then $62. I try not to anticipate too much, i like to see support hold and then show a turn up first. That way i let other people show me there is interest and then i can set my stop loss just below that last support level. hope that helps??

[FantasticDan]

Only 1 organization in the whole world employs more people than Wal-Mart. Name that organization.
http://news.bbcimg.co.uk/media/images/59187000/gif/_59187466_top_employers_464.gif

http://www.bbc.co.uk/news/magazine-17429786

[Greyfox]

either the Chineese or United States governments

Close enough. :ThmbUp:

Wal-Mart has 1.9 Million employees and is the largest Private employer in the world.

As an organization they are only second to the Chinese Army - which has 2.25 Million employees - just 325,000 more than Wal-Mart.

[Greyfox]

http://news.bbcimg.co.uk/media/images/59187000/gif/_59187466_top_employers_464.gif

I can't dispute those figs. My source said China.

[RaceBookJoe]

I can't dispute those figs. My source said China.

So I win :)

[Greyfox]

So I win :)

Yes. I erred. You were the first to provide the right answer.

[Tom]

Does the PIAC have greeters?

[rastajenk]

"Say hello to my little friend!"

[boxcar]

Close enough. :ThmbUp:

Wal-Mart has 1.9 Million employees and is the largest Private employer in the world.

As an organization they are only second to the Chinese Army - which has 2.25 Million employees - just 325,000 more than Wal-Mart.

I bet the libs here would tout China's army as being the better employer, even though they're not unionized either. :D

Boxcar