That's right, I am back for a little more FD predictions.
For those of you that were not here at the time I nailed the Martin firing.
The new prediction involves the Lewisville store. From my sources they say it is in the dump! Bleeding money! Other stores are doing more in one day than they do in a week, with no correction in site.
Once again, another Corp Store that is doing nothing! It is the laughing stock of the area, people around town actually make fun of how poorly opened/operated it is/was.
If management was smart this thing will be boarded up by Turkey Day, if not sooner...if they are stubborn they will keep it until after the 1st of the year. Either way it will get dumped. When that happens the stock will fall and people will dump Dave's. Make sure you keep an eye on this, if DAVE is over $5 you will want to sell short or dump the stock before they close this location. It will be big news and you will either make/loose money.
Mark my words...
I'm trying to get a handle on your post, but I can only come up with absurd.
Maybe if you re-read it you might get a clue.
Oh, wait, I get it! You were breaking chops!!! Yes, that's it. GOOD one!!
Sorry Guys! I didn't mean to get everyones underwear in a bunch. I am not negative on the stock or the company at all. On the contrary I am a big fan. I was merely sharing with you personal insight about a potentially money losing/making problem. If you were smart you would call down there (or to the Corp Office) or have people visit the store and find out details. If you can get a tip on when/what is happening it could make you some money. Then again you could focus on the stores you all seem to frequent that seem to be doing well and assume that all the stores are.
If the store closes I would guess DAVE would lose 10%-15% over the news, maybe more. It would bounce back in time because like many of you said it is not the biggest deal in the world, but weak hands will drop shares.
BTW - The Blues Club was a fiasco and drove the stock down on many occasions. For as many shares as you people claim to own of DAVE, if you would buy and sell on the news you would make much more money.
Seriously, take a look at the history of this stock and compare it to the news releases, let me know what you find.
Once again I'm not negative on the stock or company, just pointing out the fact that Lewisville is a drain on the company and not doing well (you know actual real tangible news/info) and might close. I would think as shareholders you would want to know about that.
Do you want us to give you pat on your back? Talk about blowing your own horn. It was your opinion and I don't agree with your insight that closing of one store yes one store will tank the stock since they have already shared with us that they might close 4 stores. That is smart mgmt. You sound dire and sour and nervous and I hope you not short, but with that attitude I don't see how else you could be. I'll send you some baby wipe's!!!