SwingTrade Member Forum

[SSKILLZ1]

BAMM

I ran my forecast again. As the last time I broke the holding into friday after the close rule I got burned (VBDG.OB). This time I decided to be even more pessimistic. What I also noticed is historically q3 has lower margins, and if sales decline further then I think. Q3 might actually post loses much larger then I think. Worst case scenario when I did my calculation I came up with a loss of .20 which would wipe out the 1rst two quarter profits and more to spare. Which might put into question the Dividend. Also if they report a loss of .20 right now the stock might trade under $2. I decided to sell BAMM After further review, might very well be a mistake. Of course if the quarter isn't too bad I will try to buyback in. Decided to take a tiny loss on a tiny position. Just my opinion.