Thanks for the input. If the pull back continues I will buy back coming out with more shares, if the pop continues tomorrow, I will hold the shares I have left. I am not that great of a trader, I just set my target to 11% over my cost and sell when the PPS hits Bingo. Got lucky fishing. :) I only sold half my shares on this trade because I do like this company for the long haul.
Bingo! Sold half my stake automatically this morning when it hit 32. Plus I get the yield from my full stake. Thank you so very much BG, never would have been here if my kids didn't ask for that box of Pirate Booty at Costco. Lol
Looks like this stocks moves 27-32 regularly. Tough to catch a falling knife, I like this entry point. The dividend is high, so less likely for large selloff. Just a waiting game now, P/E will go down and SP will go up. Blood in the streets, and this company is not weak.
Sentiment: Strong Buy
Jack, I think you are correct about the "orphan" brands. BGS needs to change with the times, and the times are headed towards healthier kids snacks. I am excited about Pirate brands moving into the veggie based snacks. Kids need to like this stuff and it does not need to be super healthy, but it cannot be the junk food of the past.
No worries Jack. We are not professional reports like beefcake below. I agree with you, good, healthy, great tasting product, and at a good price. That is all B&G needs to do, forever, and I will be happy.
Sentiment: Strong Buy
If Book Value is your game, I have some gold and silver mining shares, I will sell you at a 1 P/BV ratio. This is a company for the future, not the past, definitely not brick and mortar with real estate assets, nor a mineral company with rights in the ground. Lol
Wow Denny. Impressive calls. I am not being sarcastic, I truly am impressed. Where do see the resistance next? My hands are getting a little weak, I know some Inst. are getting back in but more have still left, and short interest was up 1 million for 1/31. Can this all be from the buyout?
I don't think yesterday was a pump and dump for DDD. I think people received word that the Air Force has become interested in DDD and that is what the 4% gain was for yesterday, then SSYS had to ruin it for all they spooked everyone in 3D printing. I am glad I did not sell AH yesterday.