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May 10, 2007 Whole Foods Bombs

I’ve been a bear on Whole Foods Market (WFMI) for some time so today’s earnings dud doesn’t come as a surprise.

I first warned about the stock in December 2005 when it was at $76 a share. Thanks to today’s sell-off, the shares are down to $41.

But! It could be a good buy soon. I’d consider paying $35 for WFMI.

Posted by edelfenbein at May 10, 2007 2:54 PM

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