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| Topic: Walmart Takes a $14.6B Dive! | |
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Edited by
Sojourning_Soul
on
Thu 10/15/15 05:18 AM
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After their yearly growth and performance predictions WalMart stocks plummet 10% to just over $60 a share! The Walton family holding 3/4 of the stock took a $14.6B hit, Warren Buffet holds 80M shares and took a $660M hit, Vanguard, a major investment corp also holding nearly a 100M shares also saw losses to their investors to the tune of around $1.4B Seems someone is having, or had, a really bad day! http://www.marketwatch.com/story/why-wal-marts-record-plunge-is-bad-news-for-the-broader-market-2015-10-14 |
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**** Wal-Mart and the Waltons.
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Sam Walton, was at least a conscientious businessman.
After his death, everything Wal-Mart, went to Hell in a handbasket. |
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The company grosses a billion dollars a day, so all this means is the company went for a 2 week vacation for the $14 billion.
No biggie. They can probably make it back on a sale of Mountain Dew, Pringles, camo thongs, and .223 ammo. Just sayin' |
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as Walmart goes, so does china.
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Seems someone is having, or had, a really bad day!
and soon customers and employees are going to be paying for it, especially if it becomes a trend. And if the trend in the individual stock is a symptom of a larger market trend, then the taxpayer is going to be paying for it too. Other than that, the wal mart family and warren buffet have more resilient portfolios. Not everything they own is in one particular stock. Might as well believe they are having a bad hair day because they found a gray one. |
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Edited by
msharmony
on
Fri 10/16/15 05:25 AM
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The company grosses a billion dollars a day, so all this means is the company went for a 2 week vacation for the $14 billion. No biggie. They can probably make it back on a sale of Mountain Dew, Pringles, camo thongs, and .223 ammo. Just sayin' working in the financial services industry, next to traders, I can verify this isn't an end point but just regular business,, stocks go up and down,, its a normal cycle,,,, the trick is not panic(which IM sure experienced investors wont) , stick through and wait out whatever trend may be causing the drop,,,, and of course, to continue providing service that will keep business flourishing,,, they are still competing , at the end of the day, with other companies,, |
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Op and they also shut down a lot of stores ... and they tried to blame it is the wage increase ... Please ... when ever i go by a Walmart they seemed to be always full in their parking lots and enough to say holly ****...
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The last time that I checked, nobody is forced to work for or shop at Walmart.
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We don't have a wallmart here but the pictures we see are so very funny and scary.
They alone are priceless. |
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Walmart Takes a $14.6B
So....now, out of 50 cash registers, only one will be open Dive! 
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