InvestorsHub Logo
Followers 3
Posts 450
Boards Moderated 0
Alias Born 05/23/2018

Re: bud_fox post# 48111

Wednesday, 01/29/2020 8:59:59 AM

Wednesday, January 29, 2020 8:59:59 AM

Post# of 60776
Okay, Lucky's is filing for bankruptcy. In itself, that looks pretty bad...

...however, you completely chose to ignore the fact that while they are closing 32 of their 39 stores, they agreed to sell 6 stores to Aldi's and another 5 to Publix.

So 30% of those closures are going to remain open, albeit under new branding. Who knows what supplier agreements get terminated and which live on with these 2 new grocers. VATE could perhaps live on and sign even larger deals with Aldi's and Publix.

You don't know and either do I, so to infer that it is a failed "pipe dream" is a stretch.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BLEG News