I admit this stock looked to me like an opportunity for a moment. On second thought I think I’ll pass.
BBBY is starting to grow and it could have a good run. On the other hand this is a stock that is very volatile and it can easily collapse. In other words, even if those who buy this stock at this moment reach their goal in terms of the stock growth, it could be a very bumpy road full of ups and downs. I would rather choose a path to profit that doesn’t look so stressful.
The second thing that drove me away from buying is that the company’s plans for the future don’t look too convincing (BTW the announced partnership with Kroger didn’t help steer me towards buying to say the least)., and I tend to think that in the Amazon era a stock of a retail company like this can only go so far.
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