Sbux - Any News??

Discussion in 'Stocks' started by stocktrader2007, Aug 11, 2007.

  1. Why there is a rally few days.. even when market is down.

    when market is up this used to go down..

    ANy news..
  2. Wall St figured out that SBUX had written exactly no mortgages.
  3. zdreg


    wall street is in trouble. people are working late......
  4. jbob


    Beside the fact its off 30% from its Feb high, possibly people are anticipating that the large lay-offs during the coming recession will lead to an increase in SBUX sales as cafes are a favorite hang out for the unemployed.

    Whenever you go to buckies in the middle of the day, didn't you realize who all of these people were. Besides the students, retirees, homemakers, ect..., you'd be amazed at how many unemployed people go to Starbucks. Cheers.