Yesterday, 03-25-09, BBY beat earnings and raised guidance and the stock is up about 4.00USD today, 03-26-09 before the open. I guess everyone knew this as CCTYQ.PK went bankrupt and BBY definitely benefited from CCTYQ.PK misfortune - this is why it ran from 24.00 to 34.00USD in March.
BBY is like RIMM right now - there is no other substitute and they will continue to dominate the market for more than a little while... If the consumer is not hurting BBY at this point; then, what can possibly hurt them in the future? The sky is the limit!
Enjoy trading!
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