BIG hits a new 52-week low today. Funny thing is this buddy of mine told me he bought some patio chairs at 50 percent off at Big Lots yesterday. Going through their latest earnings report, they said that their inventory level was up 48.5 percent from last year. I can see why they're trying to move some stuff out the door.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.