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1/10/15Friday's trading review. Facebook Inc, Gilead Sciences, Best Buy Co Inc, FireEye Inc., (Trading with the Average Jay)

Closing out the first full week of trading in the new year.  Ended the day with a loss, but finished out the week with a profit. See sidebar for trades. Here are the trades in order of WORST to BEST. 1. Facebook weekly call option expired worthless -$15 2. I am short FB Jan23 Put $75.5 Swing trade. 3 VelocityShares 3X Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas INdex Excess Return                            4. Gilead Sciences (GILD) went 1 for...

7/11/143 Stocks You Should Avoid Like the Plague (Gold Stocks Today)

The market loves to trick investors into thinking a stock is better than it actually is. Because the market feeds on suckers... and then wipes them out one by one. Today, Greg Guenthner shows you three stocks that may look like a buy, but are really just traps to clean you out. Read on...

1/17/14Why I’m So Cautious About 2014 (Jutia Group)

Don’t for a second believe consumer spending in the U.S. economy is improving! J. C. Penney Company, Inc. (NYSE/JCP) has announced it will be closing 33 stores in the U.S. economy. By doing this, the retailer will save about $65.0 million a year starting in 2014. 2,000 employees will be let go. (Source: J. C. Penney [...]

1/16/14BlackRock Inc. (NYSE:BLK) | [video] Thurs., Jan. 16: Best Buy Disappoints Wall Street (Jutia Group)

[at MarketWatch] - Brendan Conway takes a look at which stocks traders will be watching during market action, including Best Buy, BlackRock, and American Express. Photo: Getty Images. Read more on this. BlackRock, Inc. (BLK), with a current value of $54.23B, started the session at $324.31.   Looking at today's [...]

1/1/14Verizon Communications Inc. (NYSE:VZ) | Moto G for Verizon now on sale at Best Buy for $100 contr... (Jutia Group)

[at Engadget] - When Motorola said that a CDMA version of the Moto G would reach the US in January, it was being overly cautious. Best Buy has confirmed that it's already selling the Verizon edition of the budget smartphone ... Read more on this. Verizon Communications Inc. (VZ), valued at $140.63B, opened [...]

12/7/13(BBY) You Have Six Weeks to Make This Tax-Saving Trade (Stock Blog Hub)

In December 1996, I sold a big position in Best Buy (NYSE: BBY) at a loss. I still consider it one of the most boneheaded investment moves I ever made. A year later the stock was up more than fivefold. A few years further on, it was up more than thirty fold. I didn’t dislike the business [...]

10/17/13Best Buy Co., Inc. Puts In A Major Top On Upgrade (The Market Financial)

Best Buy Co., Inc. (NYSE:BBY) was upgraded today by Oppenheimer today. The firm gave it an outperform rating with a $50 price target. The top is now in the retailer in my opinion. First, who in the world would upgrade a stock that is already up 250% in the last year? Where was the upgrade [...]

7/1/13BBY (Samurai Trader)

BBY was the subject of a post back in early April, when it hit a new high only 3 months after hitting a 52 week low. Since then it hasn't moved a lot (but more than it appears on a logarithmic chart), until today, when it entered what appears to be the upper half of a trading range, the top of which I calculate to be about 33. Price relative has been quite strong, especially since late May when the market started to swoon.

5/18/13Which Stocks Look Ready to Surge and Sink with Earnings Next Week? (BBY, TGT, DLTR, ANF, CRM) (

Stocks tend to be most volatile around earnings season, when a good or bad report can make or break it. However, a good or even great earnings report doesn't necessarily translate into a huge pop for a stock. During earnings season, publishes a comprehensive 25- to 40-page Earnings Preview report for the week ahead each [...]

2/23/13(BBY) Can Best Buy Combat ‘Showrooming’? (Stock Blog Hub)

Best Buy Co., Inc. (BBY), which is slated to report its fourth-quarter results on February 28, has had a tough year. The retailer had a disappointing third quarter. Earnings per share dropped from the year-ago quarter figure of 47 cents to just 3 cents, a decline of nearly 94%. Total revenue and same store sales declined [...]

12/16/12Amazon Kills Best Buy, Is Walmart Next? (

One of the fulcrums of the value investing as espoused by Warren Buffet is to buy business with a moat around it. Many businesses once thought a golden goose failed to produce gold when no one expected so.  Recent example can be Best Buy. It can be accused of losing on its own turf- an [...]

12/14/12Best Buy Co., Inc. (BBY) Extends Schulze’s Deadline, Stock Dives (Value Investing)

Best Buy Co., Inc. (NYSE:BBY) has given founder and largest shareholder Richard Schulze more time to consider his bid to buy it out. This comes after Reuters reports that an anonymous source said he didn’t have the financing in place yet. We reported on Thursday that shares of the company were soaring on the news [...]

11/29/12Benzinga’s M&A Chatter for Thursday November 29, 2012 (Phil’s Stock World)

Courtesy of Benzinga. The following are the M&A [...]

11/26/12(BBY) Best Buy – Bear of the Day (Stock Blog Hub)

Best Buy, Inc. (BBY) posted dismal third-quarter 2013 results. The quarterly earnings of $0.03 per share fell 94% from the year-ago quarter, and also missed the Zacks Consensus Estimate of $0.12. Total revenue also declined 3.5% to $10,753 million, while comparable-store sales fell 4.3%, reflecting a decline of 4% at Domestic segment and 5.2% at [...]

11/20/12Are Stocks Catching Their Breath After Monday's Rally? (In The Money)

The markets are roughly flat in early trading following yesterday's solid rally.  Stocks rallied both Friday and Monday, so its rational for them to take a breather.  The question for investors is whether stocks are just catching their breath before another push to the upside or if the last 2 day rally was just a breather from the recent downtrend action?  I think the markets still have some more upside, though I don't see us getting back to the highs of the year. This morning both BBY...

11/9/12The Best Trade You Can Make in November (Investment U)

Offsetting gains at the end of the year is often a sensible move. Most stocks aren’t appreciably higher 30 days later. And if you still like them, you can buy them back then.... >> The Best Trade You Can Make in November

9/25/12Best Buy To Open New Stores (eMoneyDaily)

Best Buy (NYSE:BBY) is set to open seven Twin Cities Best Buy Mobile stores.

9/5/12Best Buy To Open New Online Store (eMoneyDaily)

It has been reported that Best Buy (NYSE:BBY) is set to open a new online store in China.

9/2/12(BBY) The Art of Predicting Takeover Targets (Stock Blog Hub)

I think we’ve all heard about the Best Buy (NYSE: BBY) takeover attempt by now. The story goes that Founder Richard Schulze offered to buy the company somewhere in the range of $24 to $26 per share. When the announcement was made a few weeks ago, Best Buy shares shot up around 13%. That’s because if [...]

8/28/12Best Buy To Continue With Buyout Talks (eMoneyDaily)

Best Buy (NYSE:BBY) has reached an agreement with Schulze to pursue a buyout of the company he founded.

8/27/12(BBY) Best Buy – Bear of the Day (Stock Blog Hub)

Best Buy (BBY) was recently downgraded from Neutral to Underperform. The downgrade comes following dismal second quarter 2013 results. The quarterly earnings of $0.20 per share fell 49% from year ago levels and missed the Zacks Consensus Estimate of $0.31. Total revenue also declined 2.8% to $10,547 million during the quarter. Comparable-store sales fell 3.2%, [...]

8/27/12Best Buy Finally Grants Richard Shulze Due Diligence Process (

Richard Schulze, the 71 year old founder of Best Buy Co., Inc. (NYSE:BBY), has finally been allowed to conduct due diligence in his ongoing efforts to acquire Best Buy. This came after Best Buy, the largest global electronic retailer, arrived at an agreement with Schulze. In a statement released today by the Richfield Minnesota-based company, it [...]

8/24/12Best Buy Continues Takeover Talks (eMoneyDaily)

Best Buy (NYSE:BBY) has resumed takeover talks with Schulze.

8/23/12Amazon To Put the Nail in Best Buy’s Coffin: Piper Jaffray (Value Investing)

  Retailer Best Buy Co., Inc. (NYSE:BBY) has been going through troubled times. Its last earnings report was disappointing, with a miss on estimates and profits falling 52 percent from last year on revenues that declined 3 percent. The retailer suspended its stock repurchase program and also refused guidance for the balance of the year. A new [...]

8/21/12Citi Raises Further Concerns After Best Buy Reports Disappointing Earnings (Value Investing)

Best Buy Co., Inc.(NYSE:BBY) reported its second quarter earnings today. The research wing of Citigroup Inc. (NYSE:C) remains neutral on the electronics retailer, after its disappointing results. Citigroup Inc. (NYSE:C) said it was expecting an earning per share of 34 cents, but the actual EPS of Best Buy Co., Inc.(NYSE:BBY) came at 20 cents. The Minneapolis-based firm earned $124 million in [...]

8/20/12Sears, Home Depot, Best Buy, & Target Benefit from Back to School Sales (Value Investing)

Retail Sales and the American Spender in Review and a 'Speculative' Outlook   [caption id="attachment_72341" align="aligncenter" width="624"] Retail sales quarterly numbers 2005-2012, which peaked at close to $400billion in the first quarter of 2012[/caption] On Tuesday of this past week, the Commerce Department’s retail sales figures were released, coming in at a growth rate of 0.8 percent [...]

8/16/12Best Buy and Ex-CEO Schultz Argue Over Future of Company (Value Investing)

Responding quickly to a letter sent by its founder and former chairman Richard Schulze, Best Buy Co., Inc. (NYSE:BBY) said that Schulze doesn't need the Board of Directors' permission to name his actual private equity partners. Richard Schulze said in his letter that Minnesota law prevents him from disclosing the names of the group, and he [...]

8/14/12Best Buy Cutting iPhone Prices Ahead Of Release (eMoneyDaily)

Best Buy (NYSE:BBY) has cut iPhone prices amid Apple's new model launch expectations.

8/10/12Best Buy To Release Galaxy Tab 2 (eMoneyDaily)

Best Buy (NYSE:BBY) is set to release the Galaxy Tab 2 7.0 Student Edition on Aug. 19.

8/6/12Could Wal-Mart Ride to Best Buy’s Rescue? (

There could not be a better study in contrasts. On the one hand Wal-Mart, finding favor with a key analyst,  as sales increase preparatory to an important shopping season. On the other, Best Buy Co., Inc. (NYSE:BBY), a floundering consumer electronics chain with governance issues, on the threshold of being taken private by its founder, provided [...]

8/6/12For August 6 (BBY, CTSH, AES, SOHU, CYOU, TSN, KCG) Stocks to Watch (Penny Stock DD)

Best Buy Co., Inc. (BBY:Quote) is surging 27 percent to $22.44. Richard Schulze, founder and former Chairman of the company, has submitted a written proposal to acquire outstanding shares for $24.00 to $26.00 per share in cash. Cognizant Technology Solutions Corp. (CTSH:Quote) is rising 7 percent to $62.20. The company's second quarter [...]

8/6/12Best Buy Founder Offers $24-$26 a share To Take Company Private (

Best Buy Co., Inc. (NYSE:BBY)'s founder and former chairman, Richard Schulze, offered $24 to $26 a share to take the electronics retailer private. On the news of offer, the shares of the company rose by 34 percent in the early trading session. Schulze’s financial adviser on the buyout, Credit Suisse Group AG (NYSE:CS), is confident of [...]

7/30/12Best Buy Considers Going Private (Value Investing)

Richard Schulze, founder of Best Buy Co., Inc. (NYSE:BBY), considering a bid to take the troubled electronics retailer private. According to a senior Best Buy executive, the founder is recruiting executives to help him with the process. J.D. Wilson, senior vice president of enterprise capabilities, told “He is talking to people he trusts,” and “There is a small group he’d like to have with him in righting the ship. He is serious as...

7/24/12David Einhorn Sells Best Buy & Dell, Buys Cigna & Coventry Health: Q2 Letter (market folly)

David Einhorn's Greenlight Capital is out with their Q2 2012 investor letter and Dealbreaker has it posted.  In it, they reveal that they no longer own Best Buy (BBY) or Dell (DELL).  Additionally, they started new stakes in Cigna (CI) and Coventry Health Care (CVH), playing the managed care sector.  Here are some excerpts from the letter: On Best Buy:  "We thought that the core debate was whether or  not the company could compete with Amazon.  The answer at this point is that maybe it...

7/24/12David Einhorn’s Greenlight Capital Closes Dell, Best Buy [Updated] (Value Investing)

  David Einhorn, the famous hedge fund manager, has just released his second quarter letter. The firm suffered a 3.2% drop in the second quarter, but is up 3.4% for the year. Einhorn criticizes the actions of European Central Bank, and the constant cycle, which he noted in an earlier letter. The biggest winner is a short position [...]

7/17/12Best Buy Launching College Fund (eMoneyDaily)

Best Buy (NYSE:BBY) has launched the College Innovator Fund.

7/16/12Best Buy Trade-in Scheme Launches (eMoneyDaily)

Best Buy (NYSE:BBY) has launched the Best Buy Trade-In Plus program to offer trade-in values for customers.

7/15/12Stocks with Insider Transactions and Boosted Share Repurchase Programs (Phil’s Stock World)

Courtesy of Benzinga. On June 21, 2012, the Compensation and Human Resources Committee of the Board of Directors of Best Buy (NYSE: BBY), approved the entry into special continuity award agreements ("Continuity Award Agreements") for a number of the registrant's officers, including the [...]

7/10/12After-market Movers For July 10 (BBY, CYS, HGG, VOXX) (Penny Stock DD)

. (HGG: News ) fell 22 percent to $9.00. The company expects to report a wider loss for its first quarter. The company estimates net sales to improve 13.5 percent, but to miss Wall Street view. The company said its first quarter 2013 results were negatively impacted by lower than [...]

7/10/12Best Buy Job Cut Hits 2,400 (eMoneyDaily)

Best Buy (NYSE:BBY) has cut 2,400 more jobs as part of its turnaround effort.

7/9/12Real Deal on Wall Street: Why Best Buy Founder Really Wants to Buy the Company (Phil’s Stock World)

Courtesy of Benzinga. According to a Sunday Times report, Barclays' (NYSE: BCS) board of directors is considering splitting the bank into [...]

7/9/12Social Media Outlook for Monday July 9 (WLP, AGP, V, AA) (Phil’s Stock World)

Courtesy of Benzinga. A wise old man once told me that everything in life happens due to underlying motives. [...]

7/9/12Best Buy To Cut Workforce Numbers (eMoneyDaily)

Best Buy (NYSE:BBY) is set to reduce its workforce as part of its turnaround plan.

7/8/12Best Buy Confirms 2,400 Lay Offs, Includes 600 from Geek Squad (

  Best Buy Co., Inc. (NYSE:BBY) confirmed on Friday that it will cut 2,400 jobs or 1.4 percent of its 167,000-employee workforce, reported Reuters. This will include 600 Geek Squad technicians. The news of the jobs cuts follows the company's March announcement that it would also close 50 stores. Best Buy spokeserperson Greg Hitt said on Friday that [...]

7/6/12Best Buy Founder Leaves Board, Rumored to Be Contemplating Buyout (Phil’s Stock World)

Courtesy of Benzinga. A company's management obviously has an inside view of their company. Investors may do well to pay attention [...]

7/5/12Three Keys to Finding Good Dividend Stocks (Phil’s Stock World)

Courtesy of Benzinga. Founder and Chairman of Best Buy (NYSE: BBY) Richard Schulze, 71, resigned from the board today and said [...]

7/5/12Best Buy Starting to Look Alike Apple (

Best Buy Co., Inc. (NYSE:BBY) is trying a new strategy to increase its profitability by renovating its spacious electronic emporium by becoming an Apple Inc. (NASDAQ:AAPL) store look alike. The company launched the new look of electronics shop near its headquarters in Richfield, Minnesota. The newly re-designed Best Buy shop features a Solution Central Desk surrounded by desk [...]

7/3/12Best Buy Plans Store Price Change (eMoneyDaily)

Best Buy (NYSE:BBY) has been considering the installation of streaming online prices in-stores.

7/2/12Macbook Pro with Retina on discount at Best Buy (Value Investing)

A store discount on the MacBook Pro with Retina Display? Huh?!? It’s a product that critics have raved over and not without reason: Apple's new 15.4-inch Macbook Pro with Retina Display really pushes the envelope in design features and innovation. Housed in an ultra-slim, very lightweight form factor, this drool-worthy gizmo sports an Intel 2.3Ghz Core [...]

6/27/12Best Buy Founder Considers Stake Choices (eMoneyDaily)

It has been reported that Best Buy (NYSE:BBY)'s founder has been considering a buyout.

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