GoFuckYourself.com - Adult Webmaster Forum - View Single Post - UK Stock Tips Anybody? I bought Woolworths

cheekycherry · 08-23-2006, 07:19 AM

I just bought £10,000 (about $20,000) worth of shares in this company http://uk.finance.yahoo.com/q?s=WLW.L

This company is a piece of shit. Ever since I was a kid, I have always thought it was a piece of shit.

Here's one of the reasons why I bought it:

I have always thought that the only reason that the Internet hasn't totally CRUSHED the high street stores is because people like me hate waiting even a day for delivery. I've always thought and still do think that the next step in Ecommerce is to have SAME DAY delivery. So I order at 3pm and it's delivered at 5pm.

Well, Woolworths are about to do the next best thing. They are going to be offering 250,000 products that can be bought online but can be picked up in store and they have about 850 shops nationwide (UK) which means they are up there with the largest retailers in terms of outlets. I think this COULD be big... If the management don't fuck things up.

This is happening this month. I think I'll see some good upward movement but realize it's risky....

Anyway, buying shares like a mad man here... I like oversold bargain companys with decent dividend yields and a good track record of them to limit risk.

Any good tips?

08-23-2006, 07:19 AM
cheekycherry Confirmed User Join Date: Feb 2002 Location: N/A Posts: 1,703	UK Stock Tips Anybody? I bought Woolworths I just bought £10,000 (about $20,000) worth of shares in this company http://uk.finance.yahoo.com/q?s=WLW.L This company is a piece of shit. Ever since I was a kid, I have always thought it was a piece of shit. Here's one of the reasons why I bought it: I have always thought that the only reason that the Internet hasn't totally CRUSHED the high street stores is because people like me hate waiting even a day for delivery. I've always thought and still do think that the next step in Ecommerce is to have SAME DAY delivery. So I order at 3pm and it's delivered at 5pm. Well, Woolworths are about to do the next best thing. They are going to be offering 250,000 products that can be bought online but can be picked up in store and they have about 850 shops nationwide (UK) which means they are up there with the largest retailers in terms of outlets. I think this COULD be big... If the management don't fuck things up. This is happening this month. I think I'll see some good upward movement but realize it's risky.... Anyway, buying shares like a mad man here... I like oversold bargain companys with decent dividend yields and a good track record of them to limit risk. Any good tips?