'Shorts' dread a takeover of Best Buy

Article by: THOMAS LEE , Star Tribune
Updated: June 16, 2012 - 9:19 PM

An attempt to take Best Buy private might drive up stock price -- bad news for short sellers.

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biggsxr1000Jun. 16, 1211:42 PM

The Best thing that could happen to this company is for Dick to Buy it back. What has been missing from the current situation is that it is run by a board that is detached from the passion and fuel that began the comapny and developed it into what it became when it was at its Peak. Nobody should care about rabid short-timers that are here for profit only... What matters is the hard work of the employees and the long-term investors that are looking at the big picture and have stuck with it through thick and thin - enjoyed much profit along the Way and are In It For The Long Haul.

jcinmnJun. 17, 12 7:49 AM

Who says gambling is legal only for the tribes and the state in Minnesota? The real BIG gambling is done everywhere. This is the kind of garbage that got us into trouble on Wall Street and it doesn't look like it has stopped.

jcinmnJun. 17, 12 7:51 AM

I would like to think that, once they lose big, they will have learned a lesson and stay away from this practice but GREED never takes holiday

fentanylJun. 17, 1210:40 AM

WSJ Marketplace article on Friday had a detailed story on how well BB's Five Star subsidiary is doing in China (Chasing China's Shoppers). Worth the read!

holmanJun. 18, 1210:46 AM

Alternate headline: Average people hope speculative investors will get screwed as they deserve.

william2mnJun. 18, 12 2:27 PM

All of these stories and releases from Best Buy and yet I have still not read any compelling reason for me to return to Best Buy to purchase any product.