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7 pts

Opinion on  Circuit City Stores Inc (CC)     Sector: Services  >  Industry: Retail (Technology)
I'm not all Doom and Gloom

Dec 12, 2007 01:55 PM GMT
Barbaro
Return Risk
+3.08% HIGH
Associate

Favorable/Unfavorable Valuation  

Electronic sales will continue to rise. For every loser in the world that is destroying the American banking system there are 52 winners that are standing on their own two feet perfectly able to push forward.

When the country is bent on saving the criminal fraudstar of the mortgage industry, that is the last place you want your money. But money will flow from the intentions of those control American tax payer dollars towards those that don't need the help.

This translates to toybuying time for adults.


CC:  This call was made on 12/12/07 @ $7.74
Rating:   Positive   $7.74 (12/12/07)
Gain/Loss:   n/a in 713 days
Target:   $8.80 (+13.70%) in > one year


Comments (1)

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Barbaro
dogcrap   69%     1 point   commented 589 days ago reply

Kinda of ironic how I thought this was the safety area from the banks. CC lost a boat load of money on their investment vehicles tied to the mortgage industry.

With that said though. Just because they lost their cash savings doesn't mean somene else can't make money running the business. I may be the only one that likes the buyout from Block Buster.

I'll take the $6.50 and lick my wounds.


Your Comment

Who voted on this idea?
ricdesan 76% 12/18/2007



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dogcrap previously rated CC
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