On 6/11 I issued a note titled "WMT: Buy On Sale", and here we have it approaching our level in the $57 range. Patience pays. Buy Low, Sell High.
I am plenty short the US Consumer, and this is one of the few companies I can own who proactively managed their capex and expenses lower ahead of the downturn.
Wall Street might be shopping there soon too...
*Full Disclosure: I am long WMT again in my fund.
KM
(chart courtesy of stockcharts.com)
I am plenty short the US Consumer, and this is one of the few companies I can own who proactively managed their capex and expenses lower ahead of the downturn.
Wall Street might be shopping there soon too...
*Full Disclosure: I am long WMT again in my fund.
KM
(chart courtesy of stockcharts.com)
