They announced that their sales were off, as well as profit projections, for the quarter ending December 31. After a decent October and November, sales took a hit in December. Its actually held up nicely. I think that some believe that they might be under more pressure to sell.
Any speculation as to why we got hit so hard, down over a buck in two days. Any feedback on the e-commerce platform? To quote Dr. Evil, "Throw me a frickin bone here."
I don't see the item in the market pulse that you refer to, but I often can't follow directions.
But there certainly seems to be one or two things going on with this stock - either people expect that earnings will be very nice, or that there are buyout rumors. There isn't a lot of volume, so maybe its just "fluctuating".
The very recent jump in the price seemed to occur on the 17th. That predates the date of December 18th. But I bet that there was some early release of this info so that it was the catalyst for the recent jump.
Of the operational reasons for an increase in price, that should be the answer. And it was the reason for the jump from around 10 to 12/13. But the recent jump was something more, and unexpected (at least in my opinion). The stock market loves a takeover buyout. Greed leaves them no choice but to buy in their panicky minds.
December 18, click on link "Market Pulse" in the left column when you are on the summary page. For some reason you can't see that link when it is on the Message Board page. It will show a couple posts with the filing.
I think pps is going up for a number of reasons. We had a good earnings report last time around, so I think there is optimism that it will repeat, reinforced by low gas prices and the holiday season. I also think this stock was way oversold, and we are still feeling upward pressure in reaction to earlier oversold conditions.
The pressure from activists may or may not be a part of the rise in pps, but never the less, I think it is positive, and I hope the company doesn't blow them off.
Interesting. There is no date on the proposal - do you know when it was submitted.
Of course, you need someone interested in buying the company.
Maybe this is the reason for the recent bump in the price. I thought that the decrease in gas prices, reports that there is more floor traffic at retail, and more spending, was the reason. Silly me.
Well, I guess I really spoke too soon. Again it did nicely.
But, again, it doesn't matter that I spoke too soon, because no one posts anything on this board.
Well, I guess I spoke too soon. It did nicely today. Maybe there are some signs of it doing well this holiday season.
But it doesn't matter that I spoke too soon - no one posts anything on this board.
The buying frenzy seems to be over. It seems to have given most of the other days gains up. Hopefully we can keep this as a base, and have good news with the next earnings report.
There is an article by Zacks (also posted on yahoo) that says that Office Depot is ripe for a purchase offer. At the end of it, the article notes other similar companies, and Big5 is one of the two mentioned. Wall street likes nothing better than a buyout rumor.
The precipitation is up very significantly this year in CA. However, it's also unusually warm this year and thus we haven't had much snow in the Sierra. You may have noticed that most of the Sierra ski resorts are still closed. So I won't say the current weather is helping BGFV. Let's hope it will change.
we seem to have reached a nice base. holiday season buying is making everyone nervous. hopefully with lower gas prices customers will be a little more at ease at both travelling to big 5 and buying there. the rain that CA is getting may be easing the drought, and providing the right season for west coasters to need more athletic gear too. maybe a nice price earnings report will push it over 14 and approach 15.
it's been very very steadily going up almost every day. Not huge jumps, but very nicely and very steadily.