You are wet behind the ears fella! Ever hear the one about the old bull and the young bull?
BGG has some issues on FCF, but it has a sweet spot fundamentally now for a year - all thank's to tropical weather. Shorts will actually cover - AND EASILY DRIVE THIS STOCK TO $25 BY MONTH END. With oncoming orders to rebuild inventory for 2009 sales, do not be surprised if this company goes to $40 in a year, and FCF improves markedly. They are spending money to be competitive with Asian slave labor. I excuse that as a business necessity. They remain shareholder friendly with a nice payout - now resecured for a year.
You go ahead and short. This old dog has no trouble taking money from cocky kids.
After hurricanes wiped out power along a broad swath of the country, three Wisconsin companies are getting a windfall of business as they send tens of thousands of portable generators to Texas, Louisiana and other states that have lost electricity after Hurricanes Gustav and Ike. Briggs & Stratton, Generac (Generac is a subsidiary of Briggs & Stratton) and Kohler, are sending a steady flow of portable generators to the Gulf Coast & the Midwest.
Briggs & Stratton Corp. has stepped up production at its plant in Jefferson, with Shifts Working Around the Clock. Briggs also has asked its' parts suppliers to increase production to meet the need for Thousands of Generators.
“We are in Maximum Output Right Now,” said Todd Teske, Briggs’ president and chief operating officer.
briggs builds generaters, both portable and standbys!! when there is hurricanes or other weather events that cause power outages there sales go through the roof! every generater and presure washer has a briggs engine! hurricanes are the big money saviors this time! i have heard that people have been swarming to home depot all over texas and louisiana to buy every generater they can get!!!
Looks like B&S is going to sell quite a few generators this year. Extended power outages over large areas of the southeast US are creating a huge demand for portable generators. More Hurricanes lining up in the forecast could push the demand even higher. No other supplier is as well positioned as B&S to meet such an unusually large demand.
Gas cans, gas cans, gas cans. And generators, generators, generators.
Those were two of the 11 products that a team of Home Depot merchants was buying up like crazy this week in preparation for Hurricane Ike’s predicted landfall in the United States.
From http://radio.woai.com in Texas: Steve Probert, who works at a hardware store in the resort community of Port Aransas, across the Laguna Madre from Corpus Christi, says business has been brisk. "plywood and screws are the most favored items today, and generators are “sold out.”
& Fromb http://www.jonesbahamas.com/?c=45&a=18227 of the Bahamas, Turks and Caicos Islands: Southern Health Network brought generators, basic essentials, medical supplies and even relief staff for the hospital workers on Grand Turk.
It is a pretty grim situation for residents of the Hurricane Belt.