COST just as I mentioned Nov 6th in this Mind, the only way out for Costco was to “exercise the demons and cough up some blood”, and get to $880-$860. If we continue to go down from here then there is some really bad news coming as to the state of membership renewals, sales, margins and discretionary spending by the consumer. This right here is a good support level and I suspect we linger around here till next ER.Community discussions
COST just as I mentioned Nov 6th in this Mind, the only way out for Costco was to “exercise the demons and cough up some blood”, and get to $880-$860. If we continue to go down from here then there is some really bad news coming as to the state of membership renewals, sales, margins and discretionary spending by the consumer. This right here is a good support level and I suspect we linger around here till next ER.
COST Do a 10/1 split already..COST my first target of $880 has been achieved…my thesis from months ago validated…$865 is still possible…take a look at options premiumsCOST $888 come on now lower you goCOST my new target $865COST you know while we’re at it….lets just go down to Liberation Day lows…COST finally!!!! We broke below $900…$899 is a good start but let’s work our way to $880COST MMs won’t give me the premiums I want…cheap bastards…is a hundred bucks extra too much to ask?COST come in you POS drop below $900 and get it over with…
COST Rough day for Costco, waiting for a bottom for some calls