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Thread: Starbucks

  1. #1

    Join Date
    Apr 2008
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    Default Starbucks

    Investment manager called today suggesting we pick up some Starbucks stock.
    May the force be with us.


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  3. #2

    Join Date
    Sep 2006
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    Upstate NY
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    Default Re: Starbucks

    Bottom is already in but not too late to buy.

    I like LK as it currently sits on a previous buy point. It's a Chinese version of SBUX. Plenty of room for caffeine addiction in China.

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  5. #3

    Join Date
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    Default Re: Starbucks

    LK down 80%+ after they stated, "2019 earnings data are not reliable".

    Probably some sort of accounting fraud. Soon to be a penny stock.

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  7. #4

    Default Re: Starbucks

    Ouch. Investors just get screwed, I guess.

  8.  
  9. #5

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    Default Re: Starbucks

    LK gets halted for a month, comes back and is up almost 100% in the past 3 days.

    Maybe next time a stock is placed on the de-listed list for fraud I should consider that a buy signal.

    NASA, what ideas does your investment manager have today? SBUX at $62 would have been a nice addition.

  10.  
  11. #6

    Join Date
    Apr 2008
    Location
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    Default Re: Starbucks

    Quote Originally Posted by Bullitt View Post
    LK gets halted for a month, comes back and is up almost 100% in the past 3 days.

    Maybe next time a stock is placed on the de-listed list for fraud I should consider that a buy signal.

    NASA, what ideas does your investment manager have today? SBUX at $62 would have been a nice addition.
    Bullitt,
    Nothing new from my financial advisor.
    May the force be with us.

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