11-04-2014, 05:27 PM
(11-04-2014, 03:45 PM)dexvd Wrote:(07-16-2014, 08:16 PM)earthtodan Wrote: I bought a small position in WFM somewhere between 38 and 39, just on the logic that the falling share price will eventually bottom out against a growing business, and the price has fallen pretty far. Doesn't mean there's no more downside left, but if you want it, now may be the time.
Any opinion change on WFM? Have been looking at it lately
The investment club I am in started a position in Whole Foods about a month ago. The stock has had a big pullback on some slowing growth but still isn't what I would call cheap. I think its a good company and could be a nice long term hold, but still may be dead money for a while until they can get some good earnings growth again.
Our plan was to buy a position now and possibly add again if there is another sell-off after earnings.