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

To: Wallace Rivers who wrote (61753)	2/25/2019 3:22:52 PM
From: E_K_S	Read Replies (1) \| Respond to of 78567

Re: BGS Lots of OI on those Puts; March $25; April $20's and now those August $15 Puts were sold to open. Could be some hedge roll/over into August . . nothing covered yet on those March $25 Puts so those may/could expire worthless. Those Put options could also be a hedge for those that may have shorted the stock. According to shortsqueeze.com I see short interest is up to 36.46%. That's pretty high. -------------------------------------------------------- The key for BGS will be their forward statement in their conference call especially w/ the way the industry is pricing the sector. I suspect 2019 EPS may be cut. I hope no Goodwill charges like what KHC did. That would be unexpected. Not too concerned w/ the recent recall" B&G Foods Voluntarily Recalls a Limited Number of Jars of Victoria® Marinara Sauce Due to Possible Undeclared Cashew - looks like 1280 cases. The stock is attracting sellers today. GIS & KHC all down too but not at the % of BGS. EKS