Big Lots

V

vanzandt

Earnings Friday.

Mr. Chris Mac.

If you would be so kind as to look at your chart magic and see if you think this thing can go up.

I'm leaning towards playing it long, I think they'll beat top and bottom and SS sales should be up. Think its got $60 in it? Its had a good run.
TIA
 
I love that store, right next to all you can eat Salad's and Soups.
Big Lots, it like going to the flea market but inside, one sock larger than other, chair that wobble, but gives you chance to be inventive. LOL
 
Handle123 said:
I love that store, right next to all you can eat Salad's and Soups.
Big Lots, it like going to the flea market but inside, one sock larger than other, chair that wobble, but gives you chance to be inventive. LOL
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They've been busy, and for real, they aren't that cheap anymore. Thats why I think they are gonna beat. Their website says they are hiring like nuts for truckers and warehouse people.
 
I have Big Lots in uptrend in both weekly/daily, but can't buy either as it went up from recent lows, up too fast, as far as fundamentals, never use them.
 
Handle123 said:
I have Big Lots in uptrend in both weekly/daily, but can't buy either as it went up from recent lows, up too fast, as far as fundamentals, never use them.
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Yeah. Thats why I want CM to chime in here. He's being coy. Takes gnads to make a call over earnings. But he definitely has the chart voodoo wired.
I won't mock him if he's wrong come Friday A.M.
Just lookin' for a home run.
I think Pig Lots is gonna beat.
 
I never bet on 50/50, I have seen way too many times something beats the estimates and drop like a rock. Although in long term futures, I am constantly betting on long shots/hedged, got stopped out of ES long term today and when it went higher, sold it again.

The only think I don't like of BIG is volume is rather low overall.
 
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