Good article and an example of how the market consensus can be full of crap. Last year many were talking about how Amazon was "taking over the world". Now, the tide is changing and they are talking about how brick and mortar retailers are back in. What are they smoking?!
If you're interested in BJ's new stock offering, it would behoove you read this article.
Watch out getting caught up in the excitement that Wall Street generates. Interestingly, most of the prevalent investment banks have their hands in this deal.
