EASTER SHIFT...has provided the improved comp sales...don't be fooled they are not out of the woods If you don't understand that they you must believe the fashion at the Buckle has improved in the last 60 days and with the colder weather starting off May business will continue to be soft. I have sold calls to protect myself and don't believe the stock will turnaround until they reset the product in the stores at Back to School.....careful everyone "covered calls" is the best protection
Management should strongly consider taking BKE private at around $27 per share. Insider ownership is already huge, plus the net cash on hand, makes this a no-brainer. I find it hard to believe the big NY banks are not pushing for such a transaction.
Should hit a new 52wk low on thursday when they report March sales because even with the extra day because of the Easter shift they will report (20%-22%) Comp...ouch no turnaround possible until BTS & only if they change there in-store assortment which is off trend for the market
it appears bulls are taking advantage over bke dividend predicting rally to 20 bucks by early may if it hits 20 i will take half loses in at 23.93 i do not see it reaching that just going back to 17 to 18 bucks this rally could be due to that article i found on marketwatch this makes sense to with dividend of bke these people could buy it before expiration date before exdividend price taking it close to 20 bucks right after they will sell most do not know if you own stock by exdividend date to can sell it after the date and still get dividend this appears to be case that some believe this stock will get to 20.00 if i remember correctly the call was to may 3rd but i believe by exdividend date this stock will hit that 20 bucks if indications are what they are these people could own stock at 17 and change so they simple buy the calls making price hit the 20.00 mark then sell the stock to collect dividend and to set 2 bucks in change in profit this could be strategy we will see if they are bought out day before exdividend taking it close to 20 because of negative sentiment stock at 4 loses i will most likely sell out of it if it hits 20 it most likely just keeps going downafter that i think the strategy for all those calls is to buy to collect dividend which will make price get to 20 buck mark but after that it most likely goes down back to 17 to 18 range with no real upside go to marketwatch.com look up bke and read article i am guessing thats what some people are doing ceo may buy more before dividend it means a little rally in bke that will not last long if it plays out where those call buyers feel its worth buying it for quick profit and collect dividend if it trends down they will not buy it let it expires hoping they get there wish taking it over 19 bucks giving them reason to buy out those calls they bought in may so i get some of myu huge loses back
Do you think this thing is done selling? Showing us a buy signal now on BKE? Ive been struggling with this stock lately. Some of my other trades have been from awesome-STOCKS which are working out pretty well.
Broke a 10 year low ... yikes
Good news if you want to call it that, for the Buckle... 140 Vanity stores closing by the end of Mach as they take out bankruptcy.
Buckle's SVP MEN'S MERCHANDISING just picked up 17,400 shares - Jan. 31, 2017 Buckle's PRESIDENT & CEO just picked up 120,000 shares - Jan. 31, 2017 Buckle's EVP STORES just picked up 18,800 shares - Jan. 31, 2017 Buckle's SVP LEASING just picked up 17,400 shares - Jan. 31, 2017 Buckle's SVP FINANCE & CFO just picked up 17,400 shares - Jan. 31, 2017 VP of Buckle just picked up 14,000 shares - Jan. 31, 2017 Buckle's VP Finance & Treasurer just picked up 14,000 shares - Jan. 31, 2017 Buckle's VP SALES just picked up 12,000 shares - Jan. 31, 2017 Buckle's VP SUPPLY CHAIN & MERCH OP just picked up 12,000 shares - Jan. 31, 2017 Buckle's VP WOMEN'S MERCHANDISING just picked up 12,000 shares - Jan. 31, 2017 Buckle director just picked up 2,250 shares - Jan. 30, 2017 Buckle director just picked up 2,250 shares - Jan. 30, 2017 Buckle director just picked up 2,250 shares - Jan. 30, 2017 Buckle director just picked up 2,250 shares - Jan. 30, 2017 DENNIS H. NELSON just provided an update on share ownership of Buckle - Jan. 30, 2017 just provided an update on share ownership of Buckle - Jan. 30, 2017 Buckle director just picked up 2,250 shares - Jan. 30, 2017 Buckle director just picked up 2,250 shares - Jan. 30, 2017
Conference Call Transcripts
Company Conference Call Transcripts
Vanguard Group just now filed a 13G report with the SEC that it has acquired over 2 million shares of BKE. I expect it will reflect on the daily ticker at some point next week. No wonder now why all of the insider buys late January and early February
Ex dividend date is tomorrow on a $1 payout. Would it be wise to buy puts at the close and sell at the open?
The value indicators say BUY, the growth indicators say SELL. Dead cat bounce?
$BKE....... Take a deep breath because I am about to tell you how I made A LOT of cash in the market recently. Google “loinstackalertsq” and see for yourself…They have killed it for me
December Comps are tracking to be (18%-20%) this stock will be back and $21 which will make it a buy considering there is a $1.00 dividend to be pay for owners as of Jan 13. If they can move away from the current fashion direction then they could be back in the high twenties by end of summer but only if they change the fashion offering.....Good Luck
This stock will be back to it 52 weeks lows after they announce December comps which will be very week....so they may be a buying opportunity. I just want them to start to clearance there current fashion direction before I buy them long as they stand now there is still a lot farther this stock can fall. I don't believe they will offer a one time special dividend either will business continuing to be so soft.
I would be careful with this stock unless you have a one year time horizon...it check current market results the BUCKLE will continue to report negative comps for Nov and my estimate is (12%) - (14%) as there fashion is not resonating with the customer that being true I expect this stock to be back in the low twenties in early December. If you are hoping for a one time special dividend then you could we waiting a long time I am not sure how they can afford to pay one based on current results and the fact they will have to take major markdowns to make the necessary assortment changes to get back into the correct fashion The short interest here is too large but its certainly interesting
Hey you guys, I posted a screaming buy opinion on Buckle back in October '16 at price $21.45. BKE is at $24.15 with over a 5% dividend yield now. I just post my expert analysis for you, follow me and I'll post your next alerts guys http://seekingalpha.com/author/faloh-investment/articles
Unless these guys do a major overhaul to the assortment right after holiday than spring is going to be a disaster as well. They are so far off any trend and that is easily confirmed by the monthly comps. Though holiday sledding for this brand. Sorry longs I have been warning you for the past 12 months