…yeah, but they make it up on volume!
selling at a loss is operating at a loss. No matter how many you sell. I hear people rant all the time about wal-mart, and other big name chain stores, and how they “sell below cost,” and how that is really unfair competition and it’s ruining the marketplace because they are edging out their competition who can’t afford to sell things below cost. News flash: They can’t afford to sell below cost, either. Do allow me to explain: Consider that in today’s market, investors are either savvy consumers, or they are paying a savvy consumer to be savvy in their stead. People, just don’t throw dollars around at stocks and hope they turn into something, at least not the marjority of people, and at least not … Read entire article »
Filed under: Potpourri
here goes…
get used to hearing about how much i hate government, and various members and/or groups of society who seek to use the government’s guns to acheive their whims. Nothing is sacred. I invite your comments and or suggestions, but warn you ahead of time that I will probably blast you with ridicule for even suggesting that I am mistaken or misled. Or I’ll politely accept your opposing viewpoint and engage in a friendly discourse. it’s a coin-flip really, so take your chances. … Read entire article »
Filed under: Potpourri