Sold my 2K at $14.01 been holding for 1 year, nice 12% profit, i'll look at again in the next 2-3 months, the past says it will drop again by the short sellers. just Opinion.
in light of the pitiful .2% GDP increase for the first quarter. To me that bodes well for the second quarter. Hoping for a lot of pent up demand. So far today we're up well over a dollar. Can the mid 20's be far away? (Maybe August.)
I listened to the CC, they are also upbeat about the upcoming Father's day and July 4th shopping days in Q2.
We seem to have posted solid results. Met income prediction of 11 cents, and that was after deductions for a settlement and legal expenses of 3 cents. It also exceeded the sales estimates by about $1 million.
Not a lot, but something. I was afraid that the drought conditions in the West was going to hurt sales. So a solid positive, at least in my opinion.
I think the winter season decline is factored in already when they stated it in early January, took it down from ~$15 to $12.
My guess is that it will have a decent run up next week when earnings will be announced
I hope that you are right. I would suggest that the winter season and continued drought are a real burden on the stock. But maybe that has decreased expectations.
It's not the activism activity alone, but sales are booming across TX, AZ, CA stores. The baseball and hiking season will take this to a $20 stock. Black Rock owns 1.5 M and they have great confidence in the management.
Do you have any idea how March has been going?
There seems to be some more activism activity. That seems to be moving the stock.
Their management is very conservative when it comes to numbers. That's why they stated even the Feb sales figures are soft due to lack of winter weather !! You will see their stores are jam packed these days, average family see a $200 gain in lower gas prices and the guys will spend more on sports items, IMHO.
Well, it went into the low teens for a portion of the day.
I don't know if they met their forecasts, or whether their news on this quarter's results so far helped, or something else. I was pleasantly surprised to see a jump. We will see what else will happen.
One thing that may help - the little surge in firearms sales that occurred over a year ago is over, and make comparisons going forwarded easier.
Their earnings just came in, met the upper end of the forecast. I think the stock will go back to the mid teens in the near term.
Very interesting fight brewing between management and Stadium Capital. Plainly, Stadium Capital is frustrated with the stock price. If it could force a sale at a good price, it plainly would.
Such pressure usually means that something will happen.