Big Lots Inc (BIG)

[fredscott36]

....I played Pier 1 years back.......and rode it up........bigtime WIN...........and then a year or so later, I got back in as it was sliding and rode it down........

....BIG is doing what Pier 1 did, and Sears, and K-MART, and JCP..............springs a small leak......that gets bigger and the gushing starts........death spiral that won't stop until a BK stops it and the shareholders with BIG are 100% GONE.......given $2.1-billion in debt and a market cap of $275mm.......................

......also, there are some SUPER SMART, smaller hedge funds that are STALKING BIG.........the company will survive, long-term, but probably SCALED DOWN.................like cut the store count in half, or dump the unprofitable stores, or the ones with bad leases....................VIA A BK..................

....my temptation was that of Eddie Lampert and SEARS (and Kmart).............get control............suck out cash...........parcel out the good assets and wear down the landlords in the bad stores...................BIG COULD GO DOWN....................too much debt that ain't going away......getting much more expensive as interest rates spike up....................