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Briggs & Stratton Corporation Message Board

  • optionstrader4u optionstrader4u Jan 5, 2013 12:17 PM Flag

    You guys understand we are setting up for an epic short squeeze and split

    every ten years bgg splits ('94 and'2004). There is a 20%+ short interest and when the company announces blowout earnings and positive forward looking guidance all shorts will need to cover. I think $26 withing 2 weeks of earnings announcement. I believe the company will then do another 2:1 split and we will start the run again. I really feel this company sold so many generators alone that it will blow away earnings. I believe the generator card is the the one that will blow earnings out of the water. jmho

    Sentiment: Strong Buy

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    • Generators is a smaller part of the business than most people realize. The stock gets bid up every time there is a hurricane or winter storm. Superstorm Sandy will add something to the bottom line for sure (my guess is about $0.10/share), but engines is the bigger part of the business. The drought from last summer & fall should result in lower engine sales this spring. Also, last year there was not a lot of snowfall, so inventory at the retail/dealer level should reduce snow engine sales this season (although, snow engines is not a large part of the business either). I'm selling my shares before earnings announcement on the 24th. No way is a split coming anytime soon.

      Sentiment: Sell

18.26-0.24(-1.30%)Sep 26 4:02 PMEDT