man you gotta do more research then just look at a pe/eps brother. these kind of posts are really worrisome. DO NOT TRADE IF YOU DON'T KNOW WHAT YOU'RE DOING. SBUX took a roughly ~2-3B charge this year related to a settlement. This is off the top of my head I just remember reading about it about 5-6 months ago. This is the sole reason their P/E and EPS look out of whack. it's a one off, one time thing. look at SBUX FPE/projected earnings for 2014. SBUX is close to a 1 F/PEG ratio, very few companies out there with that valuation.
a 15 second google search found me the article: http://www.forbes.com/sites/samanthasharf/2013/11/12/starbucks-ordered-to-pay-kraft-2-8-billion/ 2.8B paid to mdlz which skews their earnings in 2013 greatly. next time spend 15 seconds on google before you come to elite trader asking if we should short a stock
Would you buy or sell based on this 1-Year Chart? Just have a QUICK LOOK at the chart, what is the first thing that comes to your mind? We then can apply your answer to SBUX. 1-Year Chart
It's a vertically flipped chart of SBUX. So your initial view on SBUX is correct, you would short it.
This is a stupid statement, you flip the chart but don't flip the sentiment of the market? Since you flipped the chart your statement should say "Looks to me that there is downside. Since it's a bear market, I might short it." This place is filled with losers!!