Stock Jumps, Best Buy Forecast Optimistic, WS Responds

Another thanks to Rich Roedger for this contribution!

It’s no surprise that Best Buy is giddy about it’s future, I mean with Circuit City’s weekly Sunday insert no longer competing, the road is paved for Best Buy to flourish, until some intrepid entrepreneuer decides to challenge Goliath for a share of the consumer electronics market.  Other companies are also reporting good earnings, and good outlooks for 09.  The news has gone from being terrible to being not as bad as expected the article goes on to say, and that’s positive news for an economy that has to go to little websites like mine and Eldons to get anything positive.  I’ll frankly be glad if mainstream picks up the pace and realizes they’re cutting off their nose to spite their face.  They reach a lot more consumers than we do here, and it’ll have such a positive effect on people, which in this economy, is much needed right now… We’ve got a little traction, now lets rock the car and get it out of this rut!! Have great weekend everyone.

I will be on spring break with my family next week in Myrtle Beach SC.  If I don’t get around to posting much, you’ll know why.  I’m sure Eldon over at the Positive News Economist will pick up my slack

Story here:

http://www.reuters.com/article/bondsNews/idUSN2645783720090326

Tags: best buy, corporate news, economic news, Positive Economic News, wall street results