Comments on: Blue Nile – Diamonds are NOT Forever… http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/ Dynamic Investments for Exceptional Traders Fri, 19 Mar 2010 14:28:35 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Virgil http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/comment-page-1/#comment-5516 Virgil Wed, 03 Dec 2008 21:21:03 +0000 http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/#comment-5516 I think Blue Nile is positioned better than almost any other diamond or jewelry retailer. They will grow market share as more than the 25-35 male demo is prompted to look for discounts. As they grow their share in a rough env. others will go out of buisness. As the econ turns, they will keep their loyal customers as most internet retailers have due to conv, ease of use and price. Short term the stock is being held down by short sellers and lack of buyers in general. As the market turns, look for NILE to attract a lot of attention for those looking for growth with min risk (strong bal sheet and rezillant biz model) I think Blue Nile is positioned better than almost any other diamond or jewelry retailer. They will grow market share as more than the 25-35 male demo is prompted to look for discounts.
As they grow their share in a rough env. others will go out of buisness. As the econ turns, they will keep their loyal customers as most internet retailers have due to conv, ease of use and price.
Short term the stock is being held down by short sellers and lack of buyers in general. As the market turns, look for NILE to attract a lot of attention for those looking for growth with min risk (strong bal sheet and rezillant biz model)

]]> By: Sara Jones http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/comment-page-1/#comment-5514 Sara Jones Wed, 03 Dec 2008 20:01:34 +0000 http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/#comment-5514 A class action suit has been filed for failure to dislose treatments to gemstones. If you are interested in participating please contact me. Sara Jones bluenileclassaction@hotmail.com A class action suit has been filed for failure to dislose treatments to gemstones. If you are interested in participating please contact me.

Sara Jones
bluenileclassaction@hotmail.com

]]> By: Zachary Scheidt http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/comment-page-1/#comment-5512 Zachary Scheidt Tue, 02 Dec 2008 14:42:58 +0000 http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/#comment-5512 Boris, I think you could be right. There are certainly strong competitors on the scene both in traditional stores as well as on-line. The more important force today is the lack of consumer credit for purchases like this. I'm not a fan of going into debt to buy jewelry but the fact remains that this is how most engagement rings are bought. Lack of credit is a serious issue in this business model. As always, thanks for the comment! Zach Boris,

I think you could be right. There are certainly strong competitors on the scene both in traditional stores as well as on-line. The more important force today is the lack of consumer credit for purchases like this.

I’m not a fan of going into debt to buy jewelry but the fact remains that this is how most engagement rings are bought. Lack of credit is a serious issue in this business model.

As always, thanks for the comment!
Zach

]]> By: BorisB http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/comment-page-1/#comment-5509 BorisB Mon, 01 Dec 2008 22:33:28 +0000 http://zachstocks.com/2008/12/blue-nile-diamonds-are-not-forever/#comment-5509 down 80% and still no upside path for the longs. amazon.com, costco, and walmart might be positioned to take over big pieces of the "discount" diamond-ring niche opportunity. down 80% and still no upside path for the longs. amazon.com, costco, and walmart might be positioned to take over big pieces of the “discount” diamond-ring niche opportunity.

]]>