Intense BKE period Call for being ruthless; Buckle, Inc. (The (BKE) Measures :)
I am going to swear by BKE and say that it is undermined... Bluntly speaking, the basher has to be out of their psyches to be cataloging this stock now. I speculate that when there are bashers relentlessly shattering the stock that suggests some BIG BOYS are filling up as BKE is deeply influenced that is just my take onBKE.SEE the Price/EPS Estimate Current Year is 13.42 of BKE http://stock-dividends-news.info/?code=BKE
This has happened before, that's why you can't trust First Call or the Street, they set this company up for a big runup and a big rundown, first by estimating a huge increase in earnings in the quarter, causing stock to go from high 30s to 47. When stock came up short of estimates by 2 cents, it got hammered, the shorts won this game, but don't be discouraged. This stock could fall all the way to 31 by July. If that happens, I may do something I've never done before: Buy on margin. When company announces special dividend in the fall, stock will spike back up. Last fall, $2.50 special dividend announcement caused stock to run up 10 points. Be patient. This is extraordinary company.
I'll be with you, get my credit card out if needed. (margin $$ are cheap, the div covers + some) I'm thinking serious market doldrums in Aug this year, hence my guess (and what the 2 year chart tends to show)
Solid as a rock but the teen retail arena is hyper vulnerable to ups-downs, and even fresh double dip recession worries.