but after a nice jump, we are under 12 again. this is not a very well traded stock, so I speculate the we have just seen some more sellers unloading, and affecting prices.
I speculate that the jump to 13 was a result of some buyers believing that soccer and arms sales jumped a little. I'm hoping that we see that in the results coming up, and we form a base of 12.50.
I think we need to see the next set of earnings. Last week at this time I thought we were breaking well, with some investors believing that the soccer sales were increasing earnings, but now that seems to have leveled off.
but this seems to be a value stock, and we should be able to weather a correction. but I am usually wrong.
BGFV stock is in the doghouse like DKS cause of lower earnings.
Barron's got it right a couple years ago at 6 to 24 and told it was the peak; now good time to buy at 52-week lows; but will take time for it to go back 18-22 (such as in 2015).
Otherwise; BGFV like one investor/speculator stated is a good swing trade. Will be a challenge to get to 14 by 8/2014 with a market correction in the works.
I basically swing trade; that said i have traded in and out of this for about 5years. The company is well run and a player in the west in this space. Its been said that merchandizing is a problem but have confidence in management to make improvements in this area. At the moment i' am happy to hold this security.
Please someone tell Leonard Green & Co. (too bad Leonard has passed on) that this a sham of a valuation. Bid $3+ and the Company could be yours. At the very least it would prevent Craig Levra & Gang from completing a sickening travesty.
This is one quiet board.
I like to think that, for the reason state above, that we will have a nice surprise this quarter.
But, then again, no one is listening.
There seems to be few posters on here. I recent bought some stock. I like to see an educated board - sometimes I pick up on something.
I posted yesterday that the US soccer continued streak was good. That is supported by Nike - which came out with good earnings based on increased soccer sales. Nike is up by 2 - 3% in after hours/pre-market trading, and I would like to think that we will see a similar increase for Big 5 today. I think we may see something over 14 by the end of August.
I'd like this to be a long term stock of mine - any thoughts?
U.S. Soccer survived today - look for more soccer sales from BGFV. Tiger returns - look for more golf sales. This quarter might just be ok.
I belong to a strange site (inboxdollars) that pays you to look at emails and related things. A coupon for Big % came up on one of the emails. It wasn't the best site, but they are saying they are working on it.
And is there any reason for today's bump??
Let us all be a little patient. They are building an online presence. And I think that we might see a little surprise on this quarter's earnings.
I am amazed at what yahoo will censor yet you get just about anything now on TV. That should be kraapie merchandise,
I have never been in a store but the online selection seems to be rather cheap stuff. I don't see much of anything that you couldn't find at a cheap discount store. Maybe there is a niche for that but I think they are missing on some of higher end shoppers. Correct me if I am wrong.
as much value as this stock may have, I think you are going to have a few rough months. this quarter, with Easter, is not going to be good. i think 10.50 is not out of the questions.
I really plan on buying, but I am going to pick my spots here.
I picked up 1k more @ $11.31 today, My feeling is it will NOT go below 11.00 I'd rather be in now with an average of $12.51 then not, summer sports is happening NOW ! and winter by is next 2 Qtrs. I can see a PPS in 6 mo of $13 easy, JMHO .GL. . . .