Whole Foods Market (WFM) Message Board

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Non-Tech : Whole Foods Market (WFM)

WFM 41.99

0.0%

Aug 29 5:00 PM EST

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From: mparness	6/23/2008 10:27:46 AM
	of 438

WFMI looks like it should see below $10 at some point this year. This is one of my favorite shorts and we've been short it since it was mid $30s. With the high prices on food likely to continue, one has to question whether consumers are really going to want to pay even higher prices to get so-called "healthy" food. Historically food markets have not been good longer term investments and there's no reason to think that in a bear market WFMI is going to do anything but crumple to below $10 by year end. I have some Options ideas on this one, stay tuned and check it out! Michael "Waxie" Parness

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