06-30-2022, 05:51 PM
(06-30-2022, 03:59 PM)cemanuel Wrote:I have had this BBY discussion on a Dividend Discord many times. Eventually I got them to take an actual look at their last ten years financials, div growth etc. I've done a deep dive but you can see in 5 minutes they ain't going BK this decade. A few of them are nibbling shares now. Who knows where the bottom is but they will come back with retails, and the economy if it actually gets slammed. I am not expecting a summer miracle. Retail is toxic right now. Is what it is. I can't trade everything.(06-30-2022, 09:50 AM)ConnerM Wrote:(06-30-2022, 09:12 AM)cemanuel Wrote: My $65 BBY LO hit. Tax loss transaction - for the next month I'll be overweight. The clock is now ticking toward when I sell shares bought in the 90's earlier this year. This will be around around August 1. Then I'll see if there are other stocks I can tax-swap shares in.
BBY the next Circuit City
Yup - it's been dead and buried for 20 years. Lot of folks don't know how to assess companies. Not that I'm a wizard at it but for BBY things are pretty obvious.