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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: MCsweet who wrote (59328)	4/4/2017 12:13:14 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78918

BIG. You might be right about short size. Lot of errors that I see though. Yahoo shows short shares at 34K. That number doesn't get to 29% of float. Here's 30%+, as I see it from this site, but "short percent of float" 18.26% as they report it: shortsqueeze.com. I don't know how to access Bloomberg info. MarketWatch shows 19 analysts covering the stock. This fiscal year's low analyst estimate of earnings is $3.95, and next year's low analyst number is for $4.20. The stock's now about $48. BIG five year avg p/e is 16x, per Morningstar. So the stock is not out of line (i.e. extremely high priced) compared to past years. No analyst is reporting anything that he or she believes will be tanking the stock, or, as far as I can tell, saying the stock has got ahead of itself, so sell it. The only thing that I see that would certainly bring the stock down is a general market correction. If it's the argument that it's bricks&mortors retail and they are all suffering and/or are falling or failing and that that is the way to bet, ok. However, I continually check out my local BIG store, and as far as I can see, business is as good or better than ever. I have followed this stock here for more than 20 years. I would like to believe nobody else on the thread has more experience with it than I do. But you never know. And somebody could well have better insight. For me, I look and see what I can see, and I make my decision. If high short count exists and that is a turn-off for you or anyone else, of course, pass on BIG.