My favorite commercial of all time ......




Am I watching SBUX?

Of coarse I am.

Starbucks is the kind of company I dream of owning but never get to buy because of the valuation. The stock has almost been halfed in the last 2 years but I am still not buying shares. My guess is that Frapaccino's are susceptible to the laws of economics just like any other consumer discretionary item and as the recession plays out there will be more pessimism and a better opportunity to buy the stock.

Buy I will enjoy this commercial while I wait.