Whole Foods Market, Inc. (WFM) -Nasdaq
30.40 Down 1.88(5.82%)
8 replies (most recent on top)
As for stocks, before too much time went by I took a look at granted ones versus tmspp before deciding what to do. I dumped ones that were high priced grants i knew would never rebound to above that level anytime soon (plus i didnt controbute my personal money to these so whatever), and kept a few that could have reasonable return given a few years or readjustments. Same with ones from tmspp..probability and realistic return projections. Also knowing what times of year in the industry are good to sell is good knowledge to pick up. I dont plan on reinvesting any money in the company whatsoever, just making some green longterm.
Im thinking the earnings report will be lower than expected and stock to go below 30$.. bad managerial decisions and a lot of store to store cannibalisation ...bad or supet late responses to competition..lol
@185252- I've asked that question myself, and what I've found is that unless they go back above the grant price they are worthless. If you truly feel that the company stocks will rebound you are better off using the stock purchase plan deductions, or if you have some money saved you don't mind tying up and risking, buying on the open market. I personally feel that the stocks themselves will pay off eventually, whether the company is sold, acquired or recovers on its own, but that I won't be around when it happens. I have some stocks I bought through the purchase program that I will just sit on no matter what happens. However, I have mentally written my options off and unless you feel secure and want to stay, I suggest you do the same.
does anybody know what I should do with all my stock options i got at 42 dollars a share?73
Yep, the fairy tale is evaporating fast. A major research firm lowered its rating on the stock today to underperform. The problem goes way beyond competition, labor costs or the pricing scandal(s). Analyst Scott Bender of Cleveland Research said he believes that there could be downside to the (current) consensus earnings expectations for Q4 and FY16 as well. Bender cites "weaker-than-expected sales trends, the company’s inadequate response to increasing competition, persistent poor execution leading to concerns that trends could worsen, and key initiatives appear to lack clear direction." This is MANAGERIAL INEPTITUDE. When will leadership be held accountable by the Board, and finally at long last be dismissed?
Hahaha, yeah, right it's all manipulation. The fact is, 90% of the stock is bought by institutions (pensions funds, mutual funds, hedgies) and institutions do not believe in WFM fairy tale any more. It'll take a massive restructuring effort, return to growth from the revenue and (more importantly) profit side to move the stock up. In the mean time, just focus on your work, and let the things play out. They (the execs) will either make it or not - being concerned will help with nothing.
Investors manipulating the market. Drive the price down, buy a bunch of shares, sell, sell, sell!!!
God help us!