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re: Starbucks

Posted on 5/1/24 at 5:05 am to
Posted by Geauxldilocks
Member since Aug 2018
2468 posts
Posted on 5/1/24 at 5:05 am to
quote:

Looking like a new 52 week low this morning. I'm buying this one this morning for a long term hold. Nice paying Div as well.


The CEO blamed “weather” for the downturn in US sales. I’m buying puts as this has further downside, companies that refuse to admit they’ve priced themselves out of the market and blame weather are tone deaf.
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