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Strategies & Market Trends : SiliconInvestor All Stars Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tony Starks who wrote (3)2/12/2007 12:22:25 AM
From: jimmgRead Replies (3) | Respond to of 1718
 
Here's an interesting stock.

bont, Bon Ton stores. This is a retailer of regional department stores that made a sizeable acquisition from Saks last year. Comps are mid single digits while revenue and profits are growing strongly due to the acquisition.

There is only 7 million shares in float and 2 million are short. The stock recently blasted out of a triangle and the shorts haven't covered. They are totally screwed.

They are so certain that a highly indebted regional department store chain is hosed in a housing slowdown that they are digging in.

This is one of my favorite situations. The stock is due for a pullback but is buyable as long as the uptrend remains in place. At only 13 times forward earnings, this stock can easily move another 30% higher while the shorts cry uncle.



To: Tony Starks who wrote (3)2/12/2007 7:04:58 AM
From: SouthFloridaGuyRespond to of 1718
 
All are welcome to post if they have good, logical ideas whether they be bearish or bullish.

My hope though is that the most established, well credentialed SI posters frequent the board and share their ideas.

Also if you know good jokes, it helps. -g-



To: Tony Starks who wrote (3)2/12/2007 9:14:54 AM
From: Chas.Read Replies (1) | Respond to of 1718
 
It is all relative isn't it...?

Obviously the best according to LIG would seem to be the criteria...I suspect he will pass ultimate judgement.

and remember LIG wants you to be a networker also but only one networking (Sports or Joke) per week I suppose that will constitute one being a networker...???

For the record I consider verbal antagonism a Sport...

Lets see if you ever hear from me again or will I be the first ban....

regards