FOR THE LAST WEEK WFM HAS BEEN TRADING ABOVE THE $42 ALL CASH OFFER FOR WHOLE FOODS.
I AM TAKING THE VIEW THAT WHEN A STOCK IS CONSISTENTLY ABOVE THE OFFER PRICE (ESPECIALLY IN
AN ALL CASH BID) THAT THERE ARE OTHERS INTERESTED IN THE COMPANY. THE STORY HAS GOTTEN A LOT OF
ATTENTION AND THERE ARE SEVERAL OTHER COMPANIES WHO COULD USE THIS (NOW THAT IT HAS RECEIVED
ALL THIS ATTENTION) COMPANY AS A STEPPING STONE OR EVEN JUST TO GAIN A FOOTHOLD IN THE GROCERY
MARKET. THOSE RUN FROM WMT, TGT, OR ANY OF THE "REAL GROCERY CHAINS" LIKE KR.
BOTTOM LINE IS THAT THIS IS A LOW RISK TRADE WITH THIS ONE SELLING FOR ONLY $ .50 OVER THE CASH BID.
LAST, BUT NOT LEAST, THIS IS A PRETTY LOW BID BASED ON WHERE THE STOCK HAS BEEN ($57 IN EARLY 2015)
AND IT MAKES THIS LOOK LIKE A VERY LOW-COST SPECULATION OF A HIGHER BID.
I'M BUYING BOTH THE STOCK AND THE WFM 8/43 CALLS ($ .41)...OZ
I AM TAKING THE VIEW THAT WHEN A STOCK IS CONSISTENTLY ABOVE THE OFFER PRICE (ESPECIALLY IN
AN ALL CASH BID) THAT THERE ARE OTHERS INTERESTED IN THE COMPANY. THE STORY HAS GOTTEN A LOT OF
ATTENTION AND THERE ARE SEVERAL OTHER COMPANIES WHO COULD USE THIS (NOW THAT IT HAS RECEIVED
ALL THIS ATTENTION) COMPANY AS A STEPPING STONE OR EVEN JUST TO GAIN A FOOTHOLD IN THE GROCERY
MARKET. THOSE RUN FROM WMT, TGT, OR ANY OF THE "REAL GROCERY CHAINS" LIKE KR.
BOTTOM LINE IS THAT THIS IS A LOW RISK TRADE WITH THIS ONE SELLING FOR ONLY $ .50 OVER THE CASH BID.
LAST, BUT NOT LEAST, THIS IS A PRETTY LOW BID BASED ON WHERE THE STOCK HAS BEEN ($57 IN EARLY 2015)
AND IT MAKES THIS LOOK LIKE A VERY LOW-COST SPECULATION OF A HIGHER BID.
I'M BUYING BOTH THE STOCK AND THE WFM 8/43 CALLS ($ .41)...OZ