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To: CheneyClone
Hogwash - BBY shares are still up considerably over 2020 levels. Not sure how the author is reading the markets.

Irrelevant. Last year was coronavirus hysteria and lockdowns laying waste to the retail sector. Most companies are up from last year.
This is what is relevant : Did they suffer a massive 36% fall in market value in just one day, after announcing they were not selling MyPilow products anymore? Yes.

74 posted on 01/29/2021 8:56:16 AM PST by SmokingJoe
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To: SmokingJoe

Pish posh - BBY is going away with recent pillow activity having little, if any, impact on its trajectory.


76 posted on 01/29/2021 8:58:46 AM PST by CheneyClone
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To: SmokingJoe
This is what is relevant : Did they suffer a massive 36% fall in market value in just one day, after announcing they were not selling MyPilow products anymore? Yes.

Hmm. Lindell announced that BB&B were dropping his products on January 19. On that date, the stock closed at $25 a share. A week later, it was at $35 a share. There was a one-day spike that drove it to $53, driven by the Reddit/GameStop crowd, but now it's come back down to $35, 30% over what it was before announcing the My Pillow thing. So how does that fit into your relevance?

91 posted on 01/29/2021 9:50:28 AM PST by Bubba Ho-Tep ("The rat always knows when he's in with weasels."--Tom Waits)
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