Too bad Guy's Levi story is too hot even for the internet. I suspected it was when I couldn't find it last night. I must have searched even a couple dozen sites other than CNBC. I was looking forward to being able to send it to my girlfriend.
Ken, so sorry we weren't able to publish Guy's story about the Levi's 501 model with whom he was friends during college. I know Dylan promised it would be part of the Web.Extra on Tuesday's show, but the censors got the best of us!
I hope it wasn't too frustrating and please accept my apologies.
-- Lee Brodie
What do you mean by 5-handle in the following statement.. Jeff Macke is staying cool. He reiterates that Costco (COST) with a 5-handle is a buy. Can you help me understand what you guys mean.
-- Ishwar S.
I know the guys often talk about stocks having a "handle." They're just referring to the first number in the share price.
So in this example, (which occurred during the segment "Your Best Sell-Off Proof Trades" broadcast on Tuesday July 24th) Costco closed at about $60.15. Jeff is saying if share price drops to $59-and change (hence a 5-handle), he thinks it's a buy!
-- Lee Brodie
> See Your Best Sell-Off Proof Trades
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