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This Quarter's Sentiment:
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SocialPicks Community
Whole Foods Market is not a buy
WFMI
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-13.07%
in
25 days
(closed on 09/21/08)
Whole Foods Market has lost more than 50% of it's stock value year to date and the near future does not look brighter than the last months. There is plenty of sellers for WFMI, the stock will probably bounce further and then continue it's way to lower prices. I know that there is a lot of competition in groceries market, that margins are slim and that consumers have changed their buying habits in the last months but, my main motivation to have a negative rating on WFMI is the strength of the sellers all the way down from 50 to 18.
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Bearish on WFMI ...
WFMI
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-14.56%
in
501 days
<> Oil prices are triple what they were when WFMI peaked in 2005, CPI increase of 1.1% is highest since June 2005, and home prices are still falling. Middle class consumers are no longer able to donate their weekly paycheck to WFMI now that they are facing high gas prices, declining incomes, and the mortgage trainwreck. Aggressive expansion by WFMI (new stores and purchase of Wild Oats) has been countered by slowing economy. Look for stock to take another hit when they miss earnings report on 8/5. If you think the US economy will recover by mid-2009, then buy on the dip and hold WFMI throug>...
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Bearish on WFMI ...
WFMI
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+10.91%
in
11 days
(closed on 08/13/08)
There are many competitors on their way and other super markets will move into their segments. I saw in Texas a new chain with the same concept but better - Sprouts.
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Bearish on WFMI ...
WFMI
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-14.56%
in
501 days
<> Oil prices are triple what they were when WFMI peaked in 2005, CPI increase of 1.1% is highest since June 2005, and home prices are still falling. Middle class consumers are no longer able to donate their weekly paycheck to WFMI now that they are facing high gas prices, declining incomes, and the mortgage trainwreck. Aggressive expansion by WFMI (new stores and purchase of Wild Oats) has been countered by slowing economy. Look for stock to take another hit when they miss earnings report on 8/5. If you think the US economy will recover by mid-2009, then buy on the dip and hold WFMI throug>...
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I am closing my WFMI position today
WFMI
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+0.03%
in
1 minute
(closed on 05/16/08)
I am closing my WFMI position today and taking the profits.This was a quick 16% gain. Congradulations if you got in on this one. Take a look at my other closed positions as the calculations on this site are only based on your open positions. I guess seelling stocks or closing positions does not count as money in the bank,go figure.......
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From the Blogosphere
Why I'm Closing My Whole Foods Short Position
Although most of my short sales in weekly newsletter EPIC Insights are based on technical analysis, I will also use fundamental factors to influence my decisions, as when I opted to short Whole Foods Market (WFMI). <>A purveyor of high-end groceries, WFMI appeared to be a company that would be hurt by an uneven economic recovery as consumers decided that frugality trumps luxury. In the November 1 newsletter, I detailed my argument that the price of the stock was overly optimistic about how the company would perform in the future. Then trading at a P/E of 36 and having rallied 239% on a year-t>...
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Whole Foods: Not Every Sale Is a Bargain
Black Friday is coming – that dreaded day when consumers look for bargains, and retailers stay open from dawn (or pre-dawn) to dusk in a day that could make or break sales goals for the entire year. Investors are shopping for bargains as well, and many are looking for quality stocks on sale. The problem with buying something at a cheap price, is that unless you are careful, you could end up buying poor quality goods. <>Whole Foods Market Inc. (WFMI) appears to be one of those “on sale” retail stocks. Investors can pick up shares for a 22% discount to the high posted in October, and if yo>...
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WFMI - Adjustment
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The following adjustment was made today on Whole Foods Market (WFMI). All prices include IB commissions.
<>
<table><tbody><tr><th>Date</th><th>Stock</th><th>Description</th><th>Transaction</th><th>Status</th><th>Stock Investment</th><th>Income Generated</th></tr><tr><td>11/24/2009</td><td>WFMI</td><td>CSP Margin Used</td><td>CSP 200 WFMI @ 26.00</td><td> </td><td>($5,200.00)</td><td> </td></tr><tr><td>11/24/2009</td><td>WFMI</td><td>Combined Cost Basis</td><td>$11,163.00 200 @ 55.82</td><td> </td><td> </td><td> </td></tr><tr><td>11/24/< />< />><><>>< />< />><>< />< />< />< />< />< />< />< />< />< />< />< />< />><><>>< />< />><>< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< /><>><>><>><>><>><>><>><>><>><>>< />>><>< />>...
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Whole Foods Market – Not Every Sale is a Bargain
Coffee as an economic indicator…
This morning, there’s lots of buzz — unassisted by caffeine — over the fight over Diedrich Coffee (DDRX) which Peet’s (PEET) agreed to buy at the beginning of this month for $26 a share, but is now offering $32 a share after rival Green Mountain Coffee (GMCR) offered to buy Diedrich for $30 a share. The WSJ has a good summary here. <>Talk about precipitous timing because we had planned to write about coffee anyway this morning since coffee kingpin Starbucks (SBUX) filed its 10-K late Friday. The filing had a number of things that caught our attention, but the thing that really jumped o>...
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| StreetInsider.com on WFMI |
Visit streetinsider.com
WFMI is one of my favorite shorts.
- We've been short it since around $35 and I think it sees single digits by year end. I've said that again and again, I know, I know! But, when you are...
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