Savvy Trades and Investments

[cliffvb]

BGFV Wade, I think our lives likely will never go back to the way they were pre-covid. Zoom recently announced that they think their service will continue to to well post covid. People have turned to activities like hiking, golfing, camping, and other individual activities and have come to enjoy them while they also stay healthier doing them.

BGFV has also discovered that they don't need to keep their stores open such long hours to do well. They have also reduced their advertising expenses significantly where they offered loss leaders just to get people in their stores, hoping they would buy more while there.

I think fair value on this one is closer to $20. We'll see.