When the market convinces itself again recession is near- OLLI TIME!
Yeah. Let
"the market" convince themselves of that.
Run it up. The whales that control the "market".... with all due respect, they're as out of touch with how things work in the real world as .... (well I'll bite my tongue on that one.)
Point being... Do you think anybody wakes up and says "Gee, times are hard, I'm gonna shop at Oliies today."
Noooo!
The people who shop at Ollies will continue to shop at Ollies. There's Ollies shoppers.... and everyone else.
Flyers (in the mail) can up sales when they advertise something that they picked up cheap in a buyout that was previously a desirable high priced item, but other than, that there's no growth there due to a recession.
DBI on the other hand, basically does the same thing, but the stores are classy and minivan moms from suburbia love the place.
So.... OLLI is heading south for now Stoney. We'll take a look going into Q4.... and that will all depend on where we're at overall. I like them for Q4, I think we'll have a good Xmas season, but between now and then... dead money.
And speaking of, I see you closed Formula-1 (FWONA)... saying it was "dead money".
Now who's been telling you that for 2+ months?
As usual.... right again.
YOU'RE WELCOME STONEY!
>>>>> #1 FOR A REASON.