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UPod > Trade Notes

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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: 11/20/09
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UPod: Trade Notes

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Bought 15 shares of SBUX at 17.65

UPod posted on 03/04/08 at 06:14 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: 15 shares
Price: $17.65
Value: $264.00
Stop Order: No @ $N/A
Target Price: $0.00

Continuing to buy on dips.  This 15 is in addition to the 10 shares I bought this morning at $17.78.    We've now reached a new 52 week low (Prior to this it was 17.66).

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Posted by UPod on 03/04/08 at 06:14 AM

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

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Will Profit

Member since: Mar 07
Trades Not Shared
Trade Notes 77
Blog Posts 229
Unemployed pearl and sponge diver in south central Texas. This leaves me quite a bit of time for marathon poker games and binge drinking.
Age: 40's
Xerox (which by coincidence is my astrological sign),, The great Republic of Texas UNITED STATES
Will Profit
Posted March 04, 2008 (06:16AM)
You are a caffeine animal.
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UPod

Member since: Dec 07
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: 11/20/09
How is this calculated?
Trades 101
Trade Notes 21
Blog Posts 83
Programmer / Analyst
Age: 30's
Minneapolis, MN
UPod
Posted March 04, 2008 (06:22AM)
Heck, what can I say.  I've been called worse ;)
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DreamBIG

Member since: Feb 07
5 Day -1.61%
15 Day -0.72%
1 Month -1.96%
3 Month -2.75%
6 Month -15.23%
1 Year -15.75%
As of: 11/20/09
How is this calculated?
Trades 195
Trade Notes 2
Blog Posts 0
Consultant
Age: 20's
Chicago, Colorado
DreamBIG
Posted March 04, 2008 (04:42PM)

Why do you continue to buy when the trend is obviously down? Why not wait until the stock forms a base?   It takes a lot of balls to buy when a stock continues to make new lows. For that reasont I applaud you for sticking with your gut/intuition

All the best!

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UPod

Member since: Dec 07
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: 11/20/09
How is this calculated?
Trades 101
Trade Notes 21
Blog Posts 83
Programmer / Analyst
Age: 30's
Minneapolis, MN
UPod
Posted March 05, 2008 (12:57AM)

Hi DreamBIG,

The trend is definitely down.  When I initially started accumulating shares, I paid too much,  but that's when their growth rate was still expected to be around 21% over the next 5 years and this years earnings were going to be around $1.02-$1.05.  

Their currect expect growth rate for the next 5 years is 18%.  Their estimated earnings for the year is .97 cents.   I think we're getting pretty close to the bottom.   Their PEG is currently just under 1 and their 1 year forward PE is 15.8.  

Also,  from the middle of December up until yesterday,  the stock has gone back and forth between 18 and 20 with a few dips into the mid to high 17s.   So I think it's trying to form a base.  The problem is that it did this same thing in the 26-28 range. 

I think most of the mad news for this company is baked into the price - for now anyway. 

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locogmac

Member since: Sep 06
Trades Not Shared
Trade Notes 33
Blog Posts 21
Student
Age: 20's
Washington UNITED STATES
locogmac
Posted March 05, 2008 (07:44AM)
Upod, I see the descending triangle you talk about with the support being at around 18. Anything under 18, IMO is a good buy for long term. Nice pick up.
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UPod

Member since: Dec 07
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: 11/20/09
How is this calculated?
Trades 101
Trade Notes 21
Blog Posts 83
Programmer / Analyst
Age: 30's
Minneapolis, MN
UPod
Posted March 05, 2008 (08:05AM)
Thanks locogmac.   Time will tell if I'm right or wrong.
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