BKE is the best yet gets traded like its the worst
Wow...what a gift. BKE with the best fundamentals of any of the retail stocks is trading the worst. It's like the market is saying yes this company is going bankrupt. Unbelievable what shorts can do. However the squeeze will be coming regardless and if BKE reports even decent SSS on Thursday then look out we will be of an running to 50+ again. Might want to start covering now shorts.... :)
I have no idea why the short interest in this stock is consistently so high. I'd love to hear a plausible explanation. One thing I've learned is you can't buck your sector. Retail and teen retailors especially are having their troubles. I'm considering buying more at this level. If it stays down until the next divy I'll get some more on the cheap. Last years comps for January were down 2%. I don't know where to find what the analysts are estimating for this Jan. but anything less than up 2% would not be good.Pretty bad weather last month so I think I'll wait to after the announcement to buy more.