Bluelinx Holdings (BXC)

[r clarke]

Down over 42% today, anyone buying here?

17.87-13.13 (-42.35%)
At close: 4:00PM EST


ER was not good.

Anyone see anything turning this around anytime soon?

[r clarke]

Anyone buying at the current pps?

Havent seen any bad news, and the company is taking steps to cut down debt,
including a sales leaseback of one facility.

When should some of the synergies from the acquisition start to show up?

[Diesel2]

Getting close to becoming a new shareholder, but still trying to get comfortable with the business quality. Don't like that they added Disintermediation Risk as a risk starting in the FY 2017 10-K. On the other hand not sure who is incentivized to go for such a small margin.

[r clarke]

Anyone buying this going into earnings after todays pullback?

[roger wilco]

Chart is going top bounce around till the costs of the merger are paid off and the balance sheet begins to look better.

[roger wilco]

I really think we will see $50 this summer.

[roger wilco]

Bluelinx Holdings In (BXC)
45.11 +$3.6 (+8.67%)
Volume: 269,133

[roger wilco]

Bluelinx Holdings In (BXC)
41.2952 +$2.3552 (+6.05%)
Volume: 71,559 @ 11:55:09 AM EDT ET

[roger wilco]

$BXC is a run away train.

[Investolator]

I do expect a pull back, but when is anyone's guess. Yes, indeed, it has come along way fast. Big charts show 9 million shares outstanding, and there has been almost that many yesterday and today. I held it just over 3 years, through the split and up. This is only the second stock I have sold for a profit that had gone through a reverse split. It will be interesting to see what tomorrow brings. Hope you have a great evening.

[r clarke]

Amazing for the time you held it.

I guess youre thinking there will be some short term pullback?

It did come a long ways very quickly.






"I sold out today with over 100% profit. Would have held it longer if not for the fact it was up 75% today on heavy volume. I wish all the best of luck and hope you make a profit. Green is my favorite color."

[roger wilco]

What a wonderful ride again today $BXC

[roger wilco]

A profitable healthy company acquiring the same. Gotta love it.

[crudeoil24]

BlueLinx Holdings, Inc. is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers. The Company distributes products in approximately two categories, such as structural products and specialty products. Structural products include plywood, oriented strand board (OSB), rebar and remesh, lumber and other wood products primarily used for structural support, walls and flooring in construction projects. Specialty products include roofing, insulation, specialty panels, molding, engineered wood products, vinyl products (used primarily in siding), outdoor living, particle board and metal products (excluding rebar and remesh). It also provides a range of services and solutions, such as intermodal distribution services; inventory stocking, and backhaul services.

[$treet $inatra]

could pull to ~$25 intraday and then push back up yeah..

[crudeoil24]

I think BXC runs through the 30's > Look for more institutions to add to their positions hare. Very good merger; building sector heating up as well. Intra-day consolidation.

[roger wilco]

Financials are super solid on this Gem. $BXC is a long hold. This is just the beginning.

[$treet $inatra]

big news roger, may be long term it wants to go back to $50-$60 territory $$$$$$

[roger wilco]

BlueLinx soars after acquiring Cedar Creek

BlueLinx (BXC +50.4%) announces that it's acquiring building products wholesale distributor Cedar Creek for $413M.

The purchase price will consist of ~$345M in cash and ~$68M as the agreed value of the capital leases.

The transaction is expected to be completed within 45 days.

The company anticipates that the addition of Cedar Creek will create a leading building products wholesale distributor with one of the largest product offerings in the building products industry, including over 50K branded and private-label SKUs, and a distribution footprint of 70 national locations servicing 40 states.

$50M of annual cost savings are expected within 18 months.

https://seekingalpha.com/news/3338348-bluelinx-soars-acquiring-cedar-creek?uprof=75&dr=1#email_link

[$treet $inatra]

$31 resistance so far

[$treet $inatra]

Monster run up $$$$

[crudeoil24]

Very bullish!

[$treet $inatra]

great job, congrats ~

[crudeoil24]

Excellent trade!

[Investolator]

I sold out today with over 100% profit. Would have held it longer if not for the fact it was up 75% today on heavy volume. I wish all the best of luck and hope you make a profit. Green is my favorite color.

[roger wilco]

8K out Bluelinx Holdings $BXC Merger!

https://www.sec.gov/Archives/edgar/data/1301787/000114420418013965/tv488240_8k.htm

Item 1.01 Entry into a Material Definitive Agreement.

Merger Agreement

On March 9, 2018, BlueLinx Corporation, a Georgia corporation and wholly owned subsidiary of BlueLinx Holdings Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Panther Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of BlueLinx Corporation (“ Merger Sub ”), Cedar Creek Holdings, Inc., a Delaware corporation (“ Cedar Creek ”), and Charlesbank Equity Fund VII, Limited Partnership, a Massachusetts limited partnership (the “ Stockholder Representative ”), as the stockholder representative thereunder, pursuant to which, among other things, Merger Sub will merge with and into Cedar Creek (the “ Merger ”) with Cedar Creek surviving the Merger as an indirect wholly owned subsidiary of the Company, on the terms and subject to the conditions set forth in the Merger Agreement.

The Merger Agreement provides for an aggregate purchase price of $413 million on a debt-free, cash-free basis (the “ Merger Consideration ”). The Merger Consideration will consist of approximately $345 million in cash for payments to the equity holders of Cedar Creek and other closing payments, and approximately $68 million as the agreed value of capital leases. The Merger Consideration is subject to customary post-closing adjustments in respect of net working capital, cash, transaction expenses and indebtedness.

The Company has obtained debt financing commitments from Wells Fargo Bank, N.A., Bank of America, N.A and HPS Investment Partners, LLC (“ HPSIP ”) to fund the Merger Consideration pursuant to the Debt Commitment Letters (as defined below).

The Merger Agreement contains various customary representations, warranties and covenants, including, among others, covenants with respect to the conduct of Cedar Creek’s business during the pendency of the Merger. The parties are required to use their respective reasonable best efforts to take, or cause to be taken, all actions necessary, proper or advisable to consummate the transactions contemplated by the Merger Agreement. The Merger Agreement also contains certain customary limited indemnification provisions.

The consummation of the transactions contemplated by the Merger Agreement is subject to the satisfaction or waiver of certain customary conditions set forth in the Merger Agreement, including, among others, (a) adoption of the Merger Agreement by the holders of a majority of the outstanding shares of common stock of Cedar Creek, (b) the absence of any restraining order, preliminary or permanent injunction or other order issued by a court of competent jurisdiction preventing the consummation of the Merger, and (c) expiration or earlier termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The consummation of the transactions contemplated by the Merger Agreement is not subject to any financing contingency.

[roger wilco]

$BXC Huge quarter!

BlueLinx Announces Record Gross Margin and Net Income for Fourth Quarter and Full Year

Today : Thursday 1 March 2018
https://ih.advfn.com/p.php?pid=nmona&article=76837847

– Gross Margin of 12.7% for the Year; Up 60 Basis Points From Prior Year –
– Net Income of $53.5 Million for the Quarter and $63.0 Million for the Fiscal Year –
– Adjusted EBITDA of $9.8 Million for the Quarter and $43.9 Million for the Fiscal Year –
– Debt Principal Reduction of $22.5 Million From Q4 2016 –

[stocktrademan]

BXC buy 15.45

new 52-week highs
breakout over major moving average
all time high volume started the rally



















normal chart




log chart

[Welcome2Pinkyland]

$BXC chart:

[Investolator]

I bought this when it broke the downtrend line. It is slowly recovering from its R/S. I am still holding for the long term. Mat everyone have a great year.

[stocktrademan]

BXC bullish 8.5499

[Renee]

BXD SEC Admin Proceeding:

https://www.sec.gov/litigation/admin/2016/34-78528.pdf

[Roy London]

BXC

[Investolator]

I am new to this stock and came aboard the last of February. It was the chart of this one that got my attention. I am here for the long haul. May everyone have a great night.

[UserAlias1]

BXC 10K Filed: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10501594

[T695]

Look like its about to start an uptrend....plenty of bid support

[T695]

Look like buyers starting to stack up

[T695]

Obama cutting house insurance premiums should give more people a reason to buy, which will sending this up IMO

[RCL Cruiser]

Tripled my position in this stock. Just love the chart! Won't take much to push this up a lot higher

[RCL Cruiser]

Noone here but this stock is recovering big time. Bought it twice today. Chart looks great!

[Penny Roger$]

$BXC ~



Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$BXC has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "BXC" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "BXC": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=BXC ~
Search Ihub for "BXC" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=BXC ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


c

[Penny Roger$]

~ $BXC ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$BXC has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "BXC" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "BXC": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=BXC ~
Search Ihub for "BXC" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=BXC ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


c

[rancher64]

Long Term
BXC could be next BECN in 2-3 yeard.. Housing market is recovering

[freshy]

It's status now?

[RichieRich]

Lol.

[exlud]

Here is a transcript of the earnings call:

http://seekingalpha.com/article/368131-bluelinx-holdings-ceo-discusses-q4-2011-results-earnings-call-transcript?source=thestreet


(edited my first link, this has the entire transcript.)

[RichieRich]

BlueLinx Wins Distribution Agreement for Weyerhaeuser Engineered Wood Products in New England
Date : 02/13/2012 @ 7:00AM
Source : GlobeNewswire Inc.
Stock : BlueLinx Corporation (BXC)
Quote : 1.99 -0.02 (-1.00%) @ 8:00PM

BlueLinx Wins Distribution Agreement for Weyerhaeuser Engineered Wood Products in New England
Print
Alert
Bluelinx (NYSE:BXC)
Intraday Stock Chart

Today : Monday 13 February 2012
Click Here for more Bluelinx Charts.

BlueLinx Corporation, a leading distributor of building products in North America, today announced a new distribution agreement with Weyerhaeuser to become the independent distributor of Weyerhaeuser's engineered wood products, including Trus Joist® TJI® joist, TimberStrand® LSL, Microllam® LVL, Parallam® PSL, and TJ® Rim board, in the New England area effective today, February 13, 2012.

"We used a rigorous process to select our New England distributor," said Jeff Rettig, Weyerhaeuser Region Manager for the Northeast. "BlueLinx emerged as the best fit for this market based on its operational capabilities, alignment with our local strategy, and strong reputation and relationship with our current New England customer base."

"We're excited about the opportunity to work in New England with a reputable company like Weyerhaeuser," said Gregg Brummer, BlueLinx Vice President for the Northeast. "Weyerhaeuser has a long-standing presence in the forest products industry and distribution is an important part of their success. As we moved through the selection process it became clear that we share a lot in common, including a deep commitment to New England and taking care of our customers, which makes Weyerhaeuser and BlueLinx a great fit. We are looking forward to getting started."

The agreement applies to the New England market and does not impact BlueLinx's strategy or approach in other markets. The New England market is defined as Connecticut, Rhode Island, Massachusetts, Maine, New Hampshire, Vermont and upstate New York. As a distributor of building products in many regions across North America, BlueLinx currently operates four facilities in the New England market with distribution centers in Bellingham, MA, Portland, ME, Burlington, VT, and Buffalo, NY.

About BlueLinx Corporation

Headquartered in Atlanta, Georgia, BlueLinx Corporation is a leading distributor of building products in North America. Employing approximately 1,900 people, BlueLinx offers greater than 10,000 products from over 750 suppliers to service approximately 11,500 customers nationwide, including dealers, industrial manufacturers, manufactured housing producers and home improvement retailers. The company operates its distribution business from sales centers in Atlanta and Denver, and its network of approximately 55 distribution centers. Additional information about BlueLinx can be found on its website at www.BlueLinxCo.com.

Company and product names are the intellectual property of their respective owners. BLUELINX and the BLUELINX design are trademarks and registered service marks of BlueLinx Services Inc. © 2012 BlueLinx Corporation. All rights reserved.

CONTACT: BlueLinx Contact:
Gregg Brummer
Vice President - Northeast Region
770-953-7093
[e-mail]

[RichieRich]

Nice to have some company. I don't have too many shares here now. But might add.

[Penny Roger$]

~ Thursday! $BXC ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $BXC ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=BXC&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=BXC&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=BXC
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=BXC#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=BXC+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=BXC
Finviz: http://finviz.com/quote.ashx?t=BXC
~ BusyStock: http://busystock.com/i.php?s=BXC&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=BXC >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[exlud]

Well, you're not by yourself any more. I picked up a few BXC on friday. We'll see Wednesday if that was a good call or not!