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Whole Foods Market, Inc. is the food retailer of natural and organic products.
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antichrononology (< 20) Submitted: 2/04/08 11:24 PM : Start Price: $41.04 WFMI Score: 39.74
Another boom soon to bust upscale trend market. Trendy customer base lacks loyalty, overhead is too high, sheer cost in waste disposal alone will drive them out of existence. A fad stock, with a fickle customer base, and over inflated expectations. Nothing to like investment wise. There stuffed goose livers may taste like butter, but this stock is going nowhere but in the toilet. When every recommendation says buy, it means they already bought, and if you buy this your purchasing their over-inflated shares.
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Cathy897 (< 20) Submitted: 4/15/08 10:30 PM
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I cannot believe stupidity of this post.
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YoungInvestor99 (43.58) Submitted: 4/19/08 9:13 PM
Yeah I agree, this post was not carefully thought out. Whole Foods has a sustainble advantage in natural grocery, and they are a solid company poised for incredible growth. I mean come on, they have less than 300 stores in the US, and I think that is counting the Wild Oats stores they now have. They are a very shareholder friendly, they are growing to reward investors and accomplish their other goals.And everyone wants a Whole Foods near them. People freak out when they hear a rumor of one opening in my area, and articles get written in the paper about it (this happened more than once). They are building momentum, when they come here, they will be a hit. I know it is like that in other places too, people want Whole Foods near them.
antichrononology (< 20) Submitted: 4/21/08 8:54 PM
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Sorry but this stock will end up where Oats ended up. It was a fad stock. People loved having a Wild Oats too. Fact is WMFI is down 25%. There is NOTHING here to suggest it will trend upward. Its wastage is enormous. Costs are climbing, revenue is not scaling to match. With basic commodities soaring (thats the cost of flour in that artisan bread) the price point even in upscale shops become an issue. This stock will enjoy a long ride down. A steal at 40 becomes a steal at 30, becomes a can't miss at 20. This elevator is going doooooooooown.
misterpickles (< 20) Submitted: 4/24/08 7:51 PM
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antichronology I think you are right on the money with your analysis.
wrongdog (39.74) Submitted: 5/13/08 8:03 PM
poppycock!
antichrononology (< 20) Submitted: 5/17/08 1:42 AM
Maybe it will hold at 30.... oh um never mind...
tikifink (< 20) Submitted: 6/11/08 9:34 PM
You are absolutely right. WFMI has become overwhelming cocky. They treat their employees like dirt and overcharge for goods sold elsewhere for considerably less. This company is headed straight into the toilet. I welcome anyone who disagrees to invest their life savings into this dog. Go for it dummy. I might add that the fine folks at A$$hole foods who once thought that they were getting crazy wealthy when this baby split are posting here, hoping against hope for the inevetable when there is serious competition in the natural foods market and their stock becomes totaly worthless. Hope you like working for Wallmart because that's what's going to happen to you idealistic crack heads!
antichrononology (< 20) Submitted: 7/11/08 1:32 PM
Surely it HAS to hold at 20!
antichrononology (< 20) Submitted: 8/17/08 10:56 AM
Ummmm again never mind.
antichrononology (< 20) Submitted: 8/23/08 8:19 AM
A steal at 15? I mean it CAN"T FALL below 15!
DrNyet (< 20) Submitted: 9/02/08 8:50 AM
You think WF has high overhead? Check out Safeway and other wannabees that are tarting up their stroes to make them look like WF, but still serving up the same old slop. The customer base is hardly fickle from what we have seen. Many people I have spoken to have switched and are commited to WF because of the sure quality they get - and these days it isn't much (if any) more than the "fancy" foods that Safeway is flogging.
tikifink (< 20) Submitted: 9/04/08 6:44 PM
Sure other grocery stores are dumping the harsh lights and the 80's ambiance and I will admit that A$$hole foods is innovative in the way that they present their stores, but who do you think that you are kidding about food that is offered by the Safeways and Krogers of the world. The selections are good but not "foodie". The problem with John Crackie and his minions is that they are cocky and they treat people like crap. A$$hole foods spies on their employees and degrades them at every turn. The stores while they may look nice to the casual observer but behind the scenes, the stores are filthy. WFMI has trained and fired an army of workers that will bring their talents to the market's newcomers. Bottom line. Here comes the competition and WFMI has not seen the basement yet. My prediction is $9.00 - a share or less before any relief is in sight. Oh and BTW Mr. Team Member. Nice try at the rosy outlook. No vacation this summer eh?
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