+ Watch NILE
on My Watchlist
An online retailer of diamonds and fine jewelry, Blue Nile also provides an education for consumers on all sorts of rocks and rings.
If the stock gets more dumped on tomorrow, I am in to buy under 31. A squeeze on profit margins is not deadly, it just presents buying opportunities (and opportunities for price increases). Diamonds are a very portable asset, and I do not expect any market to remain certain with the Europe mess, and the inability of Congress to do anything lasting and permanent will also be a problem. I am buying under 31.
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