re: Best Buy Stock Plummet

I don't claim to be any sort of expert as I don't have enough time to research as I'd like.

That said I hold ECA and will continue to hold ECA as I think they stand to do well in the next few years will focusing on liquid production and high quality gas plays (which should benefit them when nat gas exports begin in 2015).

I think HPQ has bright days ahead, but I do not own it myself.

In regard to bestbuy dropping and considering buying bc of that. As rule, that's not a good way to look at it because if a stock goes down 30% it's likely that the company is broken. Like Kodak around 1998, in goes down 50%, but that doesn't make it a cheap value stock, that makes it a piece of shite stock. As you can see it trades for pennies today.

On the other hand when Visa dropped 12% a few months back, that wasn't because it was a broken company. It was because people were uncertain about certain rulings a judge made and what that meant. Had nothing to do with the company's business model and it's viability. Buy great companies when people are scared.