Quote:
Originally Posted by lamboguy
the CEO of Starbucks hasn't bought stock in year, now all of a sudden this guy put in 2 separate buys last week. i am not in yet, but i will be.
|
just because the CEO thinks this stock is going up, the market sure as hell don't, and that is what it really comes down to.
so we already know that we are in a very long profound bear market that will have rallies all the way down to S+P 1140 (i know that is scary). so what we can do is try to pick good entry points on stocks like Starbucks and place our stops right underneath that spot. so i am going to put in order @ 68.63 and place stop .30 below that.
p.s. i never really cared for Starbucks Coffee. the one time i went in there, i bought a medium iced coffee for $3.75 about 5 years ago and the coffee didn't taste any better than the stuff i make at home that cost me about .30 between the coffee and the cream. what i do is make 2 cups at a time, with a filter that i paid $1.25 for 500 of them. i stick the one that i am not drinking right now without the ice cubes in them and black in the refrigerator until i am ready to drink it.
