For those of you not on the earnings call today, I've never been on or read transcripts from a call that had so many questions from investment groups. One gentlemen was even recommending how they should run their business through different online verticals. The buckle needs to balance a fine line of maintaining and growing their own powerful brand yet at the same time dominate online like they used to dominate in malls without losing their identity. Some new blood that is more connected with the times is needed at the executive level. I still think the old blood should be used as consultants and a knowledge-base that the new group can lean on. It would be a perfect combination.
The last time BKE did something like this it blew up. I started receiving notifications from awe-som_sto-cks the other week and so far they have presented interesting new trade ideas.
I never would have Guessed. Buckle up. This is plain silly and well overdone. At least longs are getting paid for waiting at a 6.41 percent yield currently. I don't believe no one will go to the store anymore and they also are online. Put a fork in it.
Well looks like this is going down and will keep going down. I love this store
The trading setup for BKE looks very enticing. Not sure how awe-some*sto-cks finds all these incredible trade ideas but im happy.
Downside risk pretty much eliminated now I would guess, thoughts? This is so frustrating trying to find trade ideas. I've subscribed to some email newsletters which helps me with new stock ideas. awesom_stocks is the one i like best.
Who says BKE isn't poised for potentially massive upward movement? Yo you should really check out awe-som*sto-cks, they seem on point with their stocks.
$27 on September back to school
The upside potential for BKE just got a whole lot more interesting. Not sure how awe*some*stocks finds all these incredible trade ideas but im happy.
Recently, an analyst completed a valution of BKE with assumptions of three more years of continuous revenue declines. With this ultra conservative view, they found BKE to be a t a price floor of around 16. Of course, wild market swings could pull BKE below this, as well as poor management decisions, but the impact may on the stock price may be temporary with such events.
You guys think this is done dropping and time to buy or will it go lower?
Yahoo Finance Insights
BKE is up 5.64% to 17.80
Sell cover calls if you own this stock...they will report soft comps for May of (8%-10%) as the weather has not been consistent enough to turn business around and as reported by other teen retailers Q2 continues to be challenging. I do believe they will start to turn it around for BTS provided they change the fashion levels at the store since they have moving from there old statement of brands they have carried for the past 6 years Good luck......you can also see insides all SOLD shares at the end of last month so they are also not expecting a spring turnaround but hopefully ...............they will announce a dividend of $.25 on Wednesday next week
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.