Sotheby's (BID)

alexvb (39.53) Submitted: 4/08/08 10:59 AM : Start Price: $26.24 BID Score: 0.40

Sotheby's is the oldest international auction house in the world and in fact the oldest company on the NYSE. It specializes in art auctions. It also owns an art dealer, and provides loans with art as collateral. Sotheby's licenses its name to Realogy...

Report this Post Replies: 0 | Reply | Permalink

millionairefools (99.32) Submitted: 11/12/07 12:53 AM : Start Price: $33.76 BID Score: -14.86

This stock might be heading for doldrums after the stunning retreat of the price to what it was an year back, but I believe that is rather unlikely.
Two big reasons why the price fell...
(1) The notched "Impressionist and Modern art auction" auction
...

Report this Post Replies: 1 | Reply | Permalink

Tainerman (39.36) Submitted: 6/09/08 10:31 AM : Start Price: $27.54 BID Score: -3.67

PE of 9.7? Are you kidding me? With their growth rates and effective duopoly?

With all the wealth building going on, especially in China and elsewhere overseas, there will be LOTS of new bajillionairs. And, no-one knows how to spend money on cra...

Report this Post Replies: 1 | Reply | Permalink

KerdosDotCom (81.57) Submitted: 8/22/07 8:41 AM : Start Price: $38.94 BID Score: -24.54

A unique company. No other company of its kind is now public. Period. Almost everything it sells is at record prices. Acts as an agent. No inventory, no hassles, no risks. Just prestige, fun, connections, and profits. Always buy on dips.

Best regard...

Report this Post Replies: 1 | Reply | Permalink

TMFBent (99.98) Submitted: 11/08/07 5:02 PM : Start Price: $35.00 BID Score: -17.12

Incredible overreaction to a single, botched auction.

Report this Post Replies: 2 | Reply | Permalink

PopsDaniecki (99.16) Submitted: 4/18/07 3:34 PM : Start Price: $48.88 BID Score: -35.79

When times are tough, people sell. When rich people sell, they sell through these folks, when ANYBODY sells through these folks, they make cash. CASH!!!! No credit, no waiting, no inventory problems, from anywhere in the world! I HATE buying in on a ...

Report this Post Replies: 0 | Reply | Permalink

pafarmboy (69.52) Submitted: 2/14/07 12:48 PM : Start Price: $37.69 BID Score: -22.22

Watch Sotheby's and Christie's develop their web presences to expand their market beyond their current gray-haired client base. The baby boomers are now in the high-price acquisition years, and BID is the top brand name as the mover of estate goods....

Report this Post Replies: 1 | Reply | Permalink

muzzybelly (< 20) Submitted: 11/09/07 4:23 AM : Start Price: $35.00 BID Score: -17.12

Are you kidding me? One painting doesn't sell and the company loses a third of its value? It's a virtual certainty that Sotheby's will continue to rake in cash in the future if not the immediate present. The number of people with 9-figure net wort...

Report this Post Replies: 0 | Reply | Permalink

Allan1947 (< 20) Submitted: 8/26/06 7:18 PM : Start Price: $26.39 BID Score: -5.15

Sotheby's has a strong global brand in a strong art market whose underpinnings are reassuringly diverse among the world's economies.

Report this Post Replies: 0 | Reply | Permalink

hblyth1 (70.08) Submitted: 5/21/08 12:53 PM : Start Price: $26.55 BID Score: 2.52

I have a concern that the economy my prove me (and HG) wrong on this one but the rich do get richer and this is an amazing company.

Report this Post Replies: 0 | Reply | Permalink