RBI is a GREAT BUY!!! CRUSH THE SHORTS! This is why:
This is an excellent, growing, profitable company that had 1 large institutional shareholder bail on @1.5M shares last month. This was a complete over-reaction institutional investor bailing out in 2007 (so, there were just more shares sold in Dec-07 than there were buyers) which drove price down artificially & then the company confirmed they had nothing to do with this volatility and there is nothing negative on the horizon. NOW is a GREAT OPPORTUNITY to CRUSH the SHORTS!!! BUY RBI! RBI is a GREAT BUY!!!
"With 12.19 million shares outstanding and 107,300 shares declared short as of November 2007, there is a failure to deliver in shares of RBI."
Sport Supply Group Inc (RBI) engages in the manufacture, marketing, and distribution of sporting goods equipment, soft good athletic apparel, and footwear products, as well as physical education, recreational, and leisure products primarily to the institutional market in the United States. Its sporting goods product line comprises equipment and soft goods for various sports, such as football, baseball, softball, basketball, volleyball, soccer, tennis, and other racquet sports. The company's line of equipment for these sports consist of inflatable balls, nets, batting cages, scoreboards, bleachers, weight lifting equipment, standards, and goals. Sport Supply Group also offers other recreational products, including fitness equipment, camping equipment, indoor recreational games, and outdoor playground equipment. It serves colleges, universities, high schools, other levels of public and private schools and their athletic and recreational departments, youth sports programs, park and recreational organizations, churches, government agencies, athletic clubs, and dealers. The company was founded in 1997. It was formerly known as Collegiate Pacific, Inc. and changed its name to Sport Supply Group, Inc. in June 2007. Sport Supply Group is headquartered in Farmers Branch, Texas.