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Shutterfly Takes Flight

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  • Description

    FBN's Charles Payne on investing in Shutterfly.

  • Duration 2:12
  • Date

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This transcript is automatically generated

-- -- runs down -- it might just mean he is revisiting a -- recommended back in December and actually one of my personal favorites.

That I use it.

You use an idea I thought about you immediately Shutterfly yeah.

Morning we talked about it -- 37%.

Now and I -- it and stopped purchasing from a policy that's is that you have to stop purchasing but I'm glad this is what I wanted to talk about so yeah people.

I'm afraid in the market I don't know where to start had you know I would say will listen and there's something that you lob in this case -- love that particular product.

Then if you use it over and over again because -- we have a you know Tennessee to like something and then put it -- -- put us in Minnesota -- missing.

We loved it it was so funny because when we look at the stock went up we kind of -- -- -- at the stock went down then they came out a new flavors like -- yet part of buying and using in the stock went up again.

I'm told -- read a friend or family members this is important you've become up on paid spokesperson for the company it's not that you don't also wanna be part owner and I you don't get any -- -- -- -- -- -- I'll break the product is you don't want to own the stock.

There's another little tidbit.

It doesn't have to be -- Right now General Mills is trading at an all time -- you bought stock in 1988.

You be up 1000%.

Think about that for minute how many people here -- eat Cheerios everything yeah but yeah.

-- -- So she is so expensive is so good that millions of people are afraid that the same people they eat cereals and fret over the idea like warm -- gonna get money from we're delighted best.

You know it's not assessing what had an accident and a -- put -- just glad.

Lot.

A couple little companies that I don't know grains you know they made all these fancy -- Christmas cards this year cards that I can't afford to make.

I got hundreds of them.

Did you really.

What -- what is ironic because that would probably take profits on Shutterfly right now Byron you know anyone out of what -- that day.

But just don't be afraid of the market it's not about -- wants stock at a time -- star with their own life that's the most important to start with her own life began early you know for the -- and everybody else rich is not is how you'll have some Letterman style -- -- Now the Charles -- that.

-- -- later they'll say they send you love them Jersey let you know but yeah.

-- -- the -- don't cartels but I -- look list.

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