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MarketFoolery

MarketFoolery: 06.06.2013

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 6 June 2013

⏱️ 17 minutes

🧾️ Download transcript

Summary

SodaStream rumors create big buzz on Wall Street. Amazon launches a marketplace in India. And the Container Store considers a big move.

Transcript

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0:00.0

It's Thursday, June 6th.

0:04.0

Welcome to Margaret Fullery.

0:05.0

I'm Chris Hill joining me in studio today from Fool.com, Isaac Pino, and from Motley4,

0:10.1

Jason Rosa.

0:11.1

Happy Thursday, gentlemen.

0:12.1

Hello. Happy Thursday. We're going to talk

0:13.9

international retail. We've got a potential IPO, but we are going to start. I'm

0:20.5

not even sure how to categorize this so I'll just go right into the story

0:24.6

Let's start with the fact that on an average trading day

0:27.7

fewer than one million shares of so-to-stream international trade from one person to another.

0:36.7

And today, in just the first two hours of trading more than four times that amount have traded, and that is because of a newspaper report in

0:44.4

Israel that Pepsi was in talks to buy Soda Stream for two billion dollars

0:50.1

Isaac we know now that this is completely untrue but so to stream is a company that

0:56.4

you I know you follow it closely with first and foremost what did you think

1:01.7

when you first you woke up this morning

1:03.6

you the first time you see this story what goes through your head when you see this do

1:06.9

do you think oh this is a great move do you think wait a minute what

1:11.1

what is probably the best explanation there you know just

1:14.9

completely shocked me or would shock me if this was actually going to go through and

1:19.1

so that's how I responded you know Pepsi coke making a bit Soda Stream, of course it's a fast-growing company,

1:25.0

but it's not something that I would have foreseen for multiple reasons.

1:28.0

And so we talk about the signal versus the noise, finding out this is false.

...

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