Results 1 to 11 of 11

Thread: Starbucks

  1. #1

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    12,151

    Default Starbucks

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


  2.  
  3. #2

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    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.

  4.  
  5. #3

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    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.

  6.  
  7. #4

    Default Re: Starbucks

    Ouch. Investors just get screwed, I guess.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  8.  
  9. #5

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    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
    Cleveland, Ohio
    Posts
    12,151

    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.

  12.  
  13. #7

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: Starbucks

    SBUX well beyond it's early 2020 highs now with what they call demand from China re-opening.

    That LK company probably didn't have to cook their books to be profitable and with them gone it's wide open for SBUX.

  14.  
  15. #8

    Default Re: Starbucks

    Starbucks to Exit From Russia

    Coffee chain joins McDonald’s, other Western companies in ending operations in Russia over Ukrainian war


    https://www.wsj.com/articles/starbuc...hare_permalink
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  16.  
  17. #9

    Default Re: Starbucks

    Starbucks asks labor board to suspend mail-in ballot union elections, alleging misconduct in voting process

    Starbucks is alleging NLRB officials engaged in misconduct during an election in the Kansas City area.

    The coffee giant is asking the labor board to suspend all mail-in ballot union elections nationwide.

    Starbucks is also requesting that all future elections be held in person.
    https://www.cnbc.com/2022/08/15/star...g-process.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


  18.  
  19. #10

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: Starbucks

    I love it. Do as I say not as I do.

  20.  
  21. #11

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: Starbucks

    More troubles for SBUX. Just guessing this has something to do with the unionization drive from all those liberal arts degree baristas. Stock down 20% YTD and 30% from 2021 high.

    Starbucks is eliminating its Chief Operating Officer (COO) role, according to a letter sent by COO John Culver to employees last week.

    The COO role will be terminated on October 3 with the departure of current COO Culver, who has been with the coffee chain for two decades.

    The elimination of the COO role is being made to allow for the “best immersion and support” for the company’s new CEO, who is expected to be named later this year.
    https://businesschief.com/leadership...g-officer-role

  22.  

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
Starbucks
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Starbucks
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Starbucks
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Starbucks
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes