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5 Day -1.37%
15 Day 6.32%
1 Month 3.93%
3 Month 12.67%
6 Month 40.44%
1 Year 113.15%
As of: 11/21/09
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UPod: Trade Notes

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Trade

Bought SBUX at 18.15

UPod posted on 02/14/08 at 08:01 AM (Note posted about 9 hours after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 0 (0%)
Users Sold (30 Days) 0 (0%)
Market Cap 15.91B
52-Week High 22.07
52-Week Low 7.06
10 Day Volume 10.76M
P/E 26.91
EPS (Trailing 12 Mos.) 0.8
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought
Symbol: SBUX
Quantity: 125 shares
Price: $18.15
Value: $2,268.00
Stop Order: No @ $N/A
Target Price: $0.00
Several reasons I made this trade:
  • Starbucks has been trading between $18 - $20 levels since early January. $18 seems to be the short term support level. At only one point this year has this stock closed lower than my purchase price - January 4 @ $18.11

  • I'm pleased with the initiatives announced since Howard Schultz returned as CEO - especially free Wi-Fi in all stores by end of 2008.

  • The annual meeting is March 19th. I'm speculating one or more announcements will be made that could act as a catalyst providing upward momentum.

  • My average unit cost has been reduced by $1.00

  • Two things I have going with this trade - plenty of time and patience.
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Posted by UPod on 02/14/08 at 08:01 AM

Tag It | 1 user tagged it: SBUX, Stock, Buy

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Posted February 19, 2008 (05:57AM)

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