It is very apparent that you are an excessively negative person and you are doing yourself a disservice. We're gonna see what's what this Tuesday. You of course have a right to be a miserable nay sayer, but if your opinions don't line up with the performance of this stock, then one should have the courage to change, and profit along the way.
Yuck. If you eat like that, it explains why you are a cheerleader for BWLD. Does anyone here actually EAT at BWLD? If the product isn't good, the company isn't good. Still, I hope it pops. I'd like my OTM calls to yield more $$$ before I short this again.
chicken wings have been falling dramatically since first of the year from over 2.00 a lb to 1.20 now
so margins and profitability should be great!
170 Aug calls are about $3/contract. So two would give you $600. That's just not enough reward for me. Maybe Big Country likes it, doubt it though.
BWLD is set up to blow the doors off this Q. Check it out:
Q1 2013 results were 0.87/share
Q2 2013 results were 0.88/share -- so about the same as Q1
Now --- Q1 2014 results were 1.49/share and Q2 2014 highest estimate is 1.27/share
I think it's reasonable to expect at least a 1.49/share quarter for Q2.
This is a growth story and trust me they are growing at a rapid clip. The price of chicken has about the same amount of relevance as the price of tea in China. Estimates are fairly low this quarter as they historically make less money. Last quarter they made $1.49/share. Estimates are at $1.19 this Q.
By the way, where I live I can get a 20 piece chicken nuggets at McD's for $5.
sell 2 170 covered calls the day before earnings come out. If you get called out, you will be able to buy it back lower. Or buy 2 165's and sell 4 170's.
does anyone think this will affect earnings next week???
are estimates high or low for this past quarter???
how many restaurants did they open so far this year???
Up in new York and CT chicken is anywhere from $3-5 dollars a pound on SALE!!!!!!!!!!!!
(I understand they buy it whole sale, but BWLD isn't getting that big of a bulk discount)
Last summer you could get chicken for around $1.99 per pound on sale!!!!!
I mean a McDonalds 4 piece of chicken nuggets that used to be on dollar menu is currently $2.29
big big difference.....
don't compare to CMG please.........
I wouldn't call Redhook a good beer, but then I wouldn't call BWLD a buy either. Lousy, expensive food, insider selling, high competition, no barriers to entry, etc etc.
Agree. Can't wait for that idiot SA author to eat his words on the growth prospects of BWLD. Having a great earnings season so far with wins in AAPL, FB, and UA. BWLD is next.
Very good points and agree wholeheartedly. Holding a little over 200 shares but considering adding some calls. Options on this thing are so dang expensive though.
CMG results kicked BWLD into gear. Expect a stellar quarter with nice beats on top & bottom line.
Top line catalysts- Olympics and World Cup. Sauce of the month, comps from international. Excitement with Pizza Rev., Tablet deployment.
Bottom Line Catalysts- Continued low cost of chicken versus last year. International comps,
Overall catalysts- Expansion of Pizza Rev to 65 location in the next year and a half. Expansion of international BDUB locations, potential for other new concepts to be tested. Continued growth of locations in US. Continued tablet deployment with ordering and payment buttons.
Sentiment: Strong Buy
UA is looking nice today! I doubled down a while back by purchasing some October 60 calls.
Sentiment: Strong Buy
I disagree on almost all your negative points:
1) the P/E is not that high considering its growth
2) They bring in plenty of guest beers where I am (Green Flash, Ballast Point, Stone)
3) The Game Changer is brewed by Redhook for BWLD. I wouldn't call Redhook a large beer company.
Possitives: Only 18.6 million on the float. Great sales, revs, profits. Negs- P/E 35, management is clueless on bringing in guest brews which could increase profits by 25%, they are trying to have the large beer companies produce a beer specifically for BWLD-very stupid! Brain dead ideas like this could hurt revs in future. Need for better customer service and please fix those awful looking veggie trays!