Blue Nile, Inc. (NASDAQ:NILE)

CAPS Rating: 3 out of 5

An online retailer of diamonds and fine jewelry, Blue Nile also provides an education for consumers on all sorts of rocks and rings.


Player Avatar CWKnob2 (< 20) Submitted: 11/9/2011 3:05:17 PM : Outperform Start Price: $30.90 NILE Score: +28.68

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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