Topic: Walmart Takes a $14.6B Dive!
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Sojourning_Soul's photo

Sojourning_Soul

Thu 10/15/15 05:16 AM


After their yearly growth and performance predictions WalMart stocks plummet 10% to just over $60 a share!

The Walton family holding 3/4 of the stock took a $14.6B hit, Warren Buffet holds 80M shares and took a $660M hit, Vanguard, a major investment corp also holding nearly a 100M shares also saw losses to their investors to the tune of around $1.4B

Seems someone is having, or had, a really bad day!

http://www.marketwatch.com/story/why-wal-marts-record-plunge-is-bad-news-for-the-broader-market-2015-10-14
Edited by Sojourning_Soul on Thu 10/15/15 05:18 AM
motowndowntown's photo

motowndowntown

Thu 10/15/15 09:30 AM

**** Wal-Mart and the Waltons.
Rock's photo

Rock

Thu 10/15/15 09:42 AM

Sam Walton, was at least a conscientious businessman.

After his death, everything Wal-Mart, went to Hell in a handbasket.
mikeybgood1's photo

mikeybgood1

Thu 10/15/15 11:14 AM

The company grosses a billion dollars a day, so all this means is the company went for a 2 week vacation for the $14 billion.

No biggie. They can probably make it back on a sale of Mountain Dew, Pringles, camo thongs, and .223 ammo.

Just sayin'
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alleoops

Thu 10/15/15 01:26 PM

as Walmart goes, so does china.
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ciretom

Thu 10/15/15 01:53 PM

Seems someone is having, or had, a really bad day!

and soon customers and employees are going to be paying for it, especially if it becomes a trend.

And if the trend in the individual stock is a symptom of a larger market trend, then the taxpayer is going to be paying for it too.


Other than that, the wal mart family and warren buffet have more resilient portfolios.

Not everything they own is in one particular stock.

Might as well believe they are having a bad hair day because they found a gray one.


msharmony's photo

msharmony

Fri 10/16/15 05:18 AM


The company grosses a billion dollars a day, so all this means is the company went for a 2 week vacation for the $14 billion.

No biggie. They can probably make it back on a sale of Mountain Dew, Pringles, camo thongs, and .223 ammo.

Just sayin'



working in the financial services industry, next to traders, I can verify this isn't an end point but just regular business,, stocks go up and down,, its a normal cycle,,,,


the trick is not panic(which IM sure experienced investors wont) , stick through and wait out whatever trend may be causing the drop,,,,

and of course, to continue providing service that will keep business flourishing,,,

they are still competing , at the end of the day, with other companies,,
Edited by msharmony on Fri 10/16/15 05:25 AM
mysticalview21's photo

mysticalview21

Fri 10/16/15 09:05 AM

Op and they also shut down a lot of stores ... and they tried to blame it is the wage increase ... Please ... when ever i go by a Walmart they seemed to be always full in their parking lots and enough to say holly ****...
Dodo_David's photo

Dodo_David

Fri 10/16/15 09:08 AM

The last time that I checked, nobody is forced to work for or shop at Walmart.
Annierooroo's photo

Annierooroo

Fri 10/16/15 09:22 AM

We don't have a wallmart here but the pictures we see are so very funny and scary.

They alone are priceless.
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RebelArcher

Fri 10/16/15 09:30 AM

Walmart Takes a $14.6B
Dive!
So....now, out of 50 cash registers, only one will be open laugh