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Stock Tip: Buy Circuit City (NYSE: CC) !!!
Self
| 4-13-08
| Self
Posted on 04/12/2008 11:00:39 PM PDT by UnBubba
Circuit City (NYSE: CC) is currently trading at $3.90/common share.
Goldman Sachs (GS) is acting as a financial adviser to Circuit City (CC).
Investor Mark Wattles, a holder of over 6.5% of Circuit City stock, is hounding Circuit City Executive Management to fire their CEO and Board of Directors.
The stock price has bottomed out.
The company has net book value which is 200% higher than it's market capitalization.
Circuit City is a prime target for a buy-out.
The company has very little debt and over $11 Billion in annual sales.
The company has hoards of cash and an incredible amount of untapped credit.
Circuit City has trimmed costs, has a strong working capital, and have prepared for the current economic slowdown.
What more can I say?
TOPICS: Business/Economy
KEYWORDS: airamerica; andwhyisthepricelow; circuitshack; enron; howstupidarewe; makemoney; pumpanddump; studebaker; zircuitzotty
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To: Moonman62
"If it doesn’t work out can we sue you for giving bad advice?"Sorry. There are no guarantees on Wall Street. But, I will say this...
...I wouldn't want to be on a sinking ship with virtually everyone who responded to this thread. Remember, the time to buy is when the stock price is undervalued. Not when it is riding high. You need to take a risk in order to be rewarded. Circuit City is not CompUSA. Circuity City will rebound from this recessionary period either on its own or through a merger or buy-out.
Regards,
GXK
21
posted on
04/13/2008 12:05:09 PM PDT
by
UnBubba
(Buy Low, Sell High.)
To: UnBubba
What is your average price invested in CC right now?
22
posted on
04/13/2008 1:31:11 PM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: martin_fierro
Uh, No. No gold monkeys, and certainly no gold-plated Jacksons...Freaky Michael or even Janet, LOL!
23
posted on
04/13/2008 3:22:31 PM PDT
by
Diana in Wisconsin
(Save The Earth. It's The Only Planet With Chocolate.)
To: UnBubba
24
posted on
04/14/2008 5:20:19 AM PDT
by
papasmurf
(Unless I post a link to resource, what I post is opinion, rergardless of how I spin it.)
To: papasmurf; UnBubba
25
posted on
04/14/2008 6:47:57 AM PDT
by
palmer
To: martin_fierro
Is that a Michael Jackson poster?
26
posted on
04/14/2008 6:55:14 AM PDT
by
pointsal
To: palmer
Watch for the stock to continue to rise as it approaches $6.00/share. It is still a good buy at $4.97/share.
Icahn is drooling at the prospect of picking up this cash rich asset on the cheap. The stock will eventually rise above $6.00/share as it approaches $7.00/share.
I am still long on Circuit City.
GXK
27
posted on
04/14/2008 6:04:37 PM PDT
by
UnBubba
(Buy Low, Sell High.)
To: martin_fierro
:’D I tried to find an online frame of Robert Wagner (as “Number 2”) holding up a Franklin mint plate, but alas...
28
posted on
04/21/2008 9:44:38 PM PDT
by
SunkenCiv
(https://secure.freerepublic.com/donate/_____________________Profile updated Saturday, March 29, 2008)
To: UnBubba
"I see Circuit City going to $5.00 per share soon. If a third party shows interest in them the price can go much higher." - UnBubba LOL! I see bad advice and ignorant predictions. If someone shows interest in them, the advice can go much worse!
29
posted on
02/12/2009 8:35:00 AM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: UnBubba
"Watch for the stock to continue to rise as it approaches $6.00/share. It is still a good buy at $4.97/share. Icahn is drooling at the prospect of picking up this cash rich asset on the cheap. The stock will eventually rise above $6.00/share as it approaches $7.00/share. I am still long on Circuit City." - UnBubba How'd that work out for ya?!
30
posted on
02/12/2009 8:36:56 AM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: ConservativeMind
31
posted on
02/12/2009 8:39:29 AM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: UnBubba
That’s the best stock tip I’ve heard since Jim Cramer said to buy Bear Stearns.
32
posted on
02/12/2009 8:41:44 AM PST
by
mysterio
To: papasmurf
"Blockbuster offers over $1 billion for Circuit City" Circuit Cirty's management ... TURNED DOWN that offer! Yup, they decided that $0 was worth more than $1 Billion.
Genius!
*In backwardland...
33
posted on
02/12/2009 8:43:42 AM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: UnBubba
All that Circuit City has left is a tarnish brand name.
34
posted on
02/12/2009 8:44:57 AM PST
by
ThomasThomas
( Accept it, there is no except after in math.)
To: UnBubba
“I am still long on Circuit City.” - UnBubba”
35
posted on
02/12/2009 8:45:22 AM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: UnBubba
Circuity City will rebound from this recessionary period either on its own or through a merger or buy-out. How'd that work out for you?
36
posted on
02/12/2009 8:49:27 AM PST
by
BlueNgold
(... Feed the tree!)
To: UnBubba
BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHA
To: Southack
38
posted on
02/12/2009 11:09:12 AM PST
by
papasmurf
(Impeach the illegal bastard!)
To: Southack
Thanks, but I’m surprised a thread almost a year old got new responses today. Did Free Republic accidentally bring it back up on the rotation? I’ve seen that happen before.
39
posted on
02/12/2009 11:38:16 AM PST
by
ConservativeMind
(Who is now in charge of the "Office of the President-Elect"?)
To: UnBubba
“I am still long on Circuit City.” - UnBubba
Wow!
40
posted on
04/02/2009 11:25:46 AM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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