>While they are doing this they are also cracking down on membership card sharing and raising the price of their rotisserie chicken
Big time bullish, mate.
Right cracking down on membership is comparable to Netflix cracking down on password sharing. Everyone thought it was crazy and would lose subscribers, but it clearly worked for them, and every other streaming service is now trying to do the samething.
Who owns the building? I’d assume they are just leasing the space, Costco isn’t in the asset management business of multifamily. I could be wrong though.
Their quantities have also shrunk a lot. However, I don't agree there's less luxury brands. They've been focusing more on "high-margin" bougie organic foofoo stuff here with smaller volume and getting rid of the bigger-volume-cheaper stuff. Good for the shareholder (me), bad for the consumer (also me).
I'm a boring shares-holder with a \~$180 DCA, so I've made a shitton and it's been my best performing stock; however, I'm not buying anymore for awhile since I think it's gotten very overbought recently
Retail inflation is through the roof and you're bearish on a retail store? How? Why? They are the direct beneficiary of inflationary pressure on goods.
Costco has had one of the most solid looking charts since January, 2023. I mean you can lay a straight line on it. From a linear regression point of view it has an r-squared of nearly .9, 1.0 being the highest. Sure, it could pull back to the mean, currently around 790, or maybe a bit below. But if it does, I'm looking for a buy signal.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 3 | **First Seen In WSB** | 6 days ago **Total Comments** | 2 | **Previous Best DD** | **Account Age** | 7 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Nah you gotta be a member to live there. Calls
>While they are doing this they are also cracking down on membership card sharing and raising the price of their rotisserie chicken Big time bullish, mate.
Right cracking down on membership is comparable to Netflix cracking down on password sharing. Everyone thought it was crazy and would lose subscribers, but it clearly worked for them, and every other streaming service is now trying to do the samething.
That 4 dollar chicken is a big-time loss leader. Raising its price is bullish AF.
Isn’t it $4.99? It’s been a while since I bought one.
*Cries in CAD
Same.
By myriad of amenities do you mean a pallet of hotdogs? If so count me in.
Hot dogs for eating. Not butt stuff.
Fuck that build the apt’s IN the store.
rent a few hourly
No puts until they raise the hotdog
Dumbass Diligence
Literally nothing in your post is bearish. Remember what happened when Netflix cracked down on password sharing?
Who owns the building? I’d assume they are just leasing the space, Costco isn’t in the asset management business of multifamily. I could be wrong though.
calls it is! preciate it G
Little disappointed the quality of the items offered is going down. Less luxury brands and food offerings then 10 years ago
Their quantities have also shrunk a lot. However, I don't agree there's less luxury brands. They've been focusing more on "high-margin" bougie organic foofoo stuff here with smaller volume and getting rid of the bigger-volume-cheaper stuff. Good for the shareholder (me), bad for the consumer (also me). I'm a boring shares-holder with a \~$180 DCA, so I've made a shitton and it's been my best performing stock; however, I'm not buying anymore for awhile since I think it's gotten very overbought recently
I’m ok with the bougie stuff if it’s good that’s what I like is it’s more “affordable” at Costco
This is highly dependent on the locations.
True California Costcos are 100% different then the east coast
Bullish big time. Where do you think several of their hourly employees will be living?
Imagine taking a trade position based on one fact and latching onto it so hard
Retail inflation is through the roof and you're bearish on a retail store? How? Why? They are the direct beneficiary of inflationary pressure on goods.
wonder how many trips per day to get hot dogs would be too many?
Costco has had one of the most solid looking charts since January, 2023. I mean you can lay a straight line on it. From a linear regression point of view it has an r-squared of nearly .9, 1.0 being the highest. Sure, it could pull back to the mean, currently around 790, or maybe a bit below. But if it does, I'm looking for a buy signal.
Building homes for people and the only profit will be the cost of membership.
The pivotal moment would be when they increase the price of their $1.50 hotdog. Bullish until then!
I renewed my executive membership already. You're on your own with this one, I'm bullish!
Costco is both a cult and a near monopoly in their industry. Never bet against a cult.
RIP