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Time to get long Whole Foods (WFMI) |
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| Feb 10, 2009 12:00 AM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Whole Foods Market (WFMI), Stocks to Buy, Recession
A hot new company goes public, attracts investors and its stock goes through the roof. Everyone wants all-in until the price reaches an unsustainable level, and then the selling begins. Eventually either the hot company crashes and burns, or recovers to provide more rational returns in the future. Whole Foods Market (NASDAQ: WFMI) is a great example of this evolution. Five years ago, this alternative grocery store was all the rage. The stock appreciated as investors believed that shoppers would be more than willing to part with more dollars in order to get food that was naturally raised without chemicals and pesticides. Continue reading Time to get long Whole Foods (WFMI) Time to get long Whole Foods (WFMI) originally appeared on BloggingStocks on Mon, 09 Feb 2009 19:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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This whole investing game is quite easy and predictable. Be the first to comment on this story and earn 2 points.
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