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Re: tat4tat post# 153

Thursday, 07/30/2020 8:21:21 PM

Thursday, July 30, 2020 8:21:21 PM

Post# of 203
Stock got hit with some normal profit taking today after a big run this month. Anyone who shorted should be quick to lock in their profits imo. Because BGFV is headed much higher. Blockbuster guidance of $1.00-$1.30/share for the current quarter, paid off all debt, reinstating the dividend (a decent 3.5% dividend yield at this price). Cash position grew to $38M in July. By the next earnings report, they'll be sitting on $2-$3/share in cash with zero debt. Plus they're going to report monster earnings over $1/share for the QUARTER. And you can buy the stock in the $5's?? This incredible bargain won't last, but I'm happy to take advantage while it does. Compare BGFV to others in the sector. It would be undervalued at $10-$20.
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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