bgfv worked outbuy support, and the close at resistance there is one more chance forming soonLongby theAlchemist4x5
BGFV gap fill on earnings?Looks like there are some nice bullish patterns forming in BGFV, the current gap coincides with the target for the inverted head & shoulders and cup and handle pattern. With the recent bullish trend and historically strong Feb earnings BGFV could fill the gap on an earnings gap up.Longby Yogigolf224
$BGFV Breaks Out, Further Gains Likely$BGFV has the shorts scrambling to cover after guiding higher. Big 5 Sporting Goods (NASDAQ:BGFV) pops after saying it expects to report Q4 EPS ahead of the high end of its prior guidance range ($0.02 to $0.04 vs. -$0.16 to -$0.04 prior view). The retailer also sees full-year EPS of $0.40 to $0.42. Sales breakdown: Sales in the company's apparel category increased in the mid-single-digit range on the strength of demand for seasonal winter products, sales in its footwear category increased in the positive low-single-digit range, and sales in its hardgoods category decreased in the mid-single-digit range, largely due to softness in firearms-related products. "Although our same store sales were slightly down for the quarter, our strategic decisions regarding pricing and promotions over the holiday period contributed to extraordinary expansion of merchandise margins, which drove a 4.7% increase in same store gross margin dollars," notes Big Five CEO Steven Miller on the EPS turnaround. Miller says the company is also working hard to control expenses. As always, use protective stops and trade with caution. Good luck to all!Longby InsiderFinancial17
Big 5 Sporting Goods Earnings beat Big 5 Sporting Goods (NASDAQ:BGFV) pops after saying it expects to report Q4 EPS ahead of the high end of its prior guidance range ($0.02 to $0.04 vs. -$0.16 to -$0.04 prior view). The retailer also sees full-year EPS of $0.40 to $0.42. Sales breakdown: Sales in the company's apparel category increased in the mid-single-digit range on the strength of demand for seasonal winter products, sales in its footwear category increased in the positive low-single-digit range, and sales in its hardgoods category decreased in the mid-single-digit range, largely due to softness in firearms-related products.Longby DEXWireNews18
BIG 5 Aiming For 40% Push From FloorBig 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format. The Company also offers products online through its e-commerce platform. The Company's product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports. The Company purchases merchandise from sporting goods equipment, athletic footwear and apparel manufacturers. It offers various brands, such as adidas, Coleman, Footjoy, JanSport, Rawlings, Spalding, Asics, Columbia, Franklin, Lifetime, Razor, Speedo, Bearpaw, Crocs, Gildan, Mizuno, Rollerblade and Timex. The Company operated 432 stores and an e-commerce platform under the name Big 5 Sporting Goods, as of January 1, 2017. SHORT INTEREST 5.55M 07/15/19 P/E Current -12.42 P/E Ratio (with extraordinary items) -156.70Longby DEXWireNews6
BGFV at all time lowsBullish divergence building on hourly to weekly time-frames. Some high volume in early may . If small caps can catch a rally this can quickly run up to $3.5 and eventually $5-6Longby Yogigolf111
BGFV earnings set upOn confirmation of positive earnings looks like there is upside to about $8.35, support at $6. Longby YogigolfUpdated 2
BGFV Perfect Buy at these levelsA nice strong sell off today as we are currently down 10%. This market is ripe for picking as we are now at the trendline support and past year support at 8.15. Im going long here at thes levelsLongby TurtleSniffer1
Taking Another Stab at RetailersRetailers have been good to me over the last year and a half. It shouldn't come as a surprise that I've found solace in the retail space given my investment style. I like to find best of breeds in the most beaten down industries in the markets. BGFV is one of those. The company has increased nearly all margins over the last three years while increasing ROA, ROE, and ROC. Detailed post will be coming on the blog this week. I entered a starting position as price seemed to hold support at this current level. Will be looking to add as long as price advances my way. As always, let me know if you disagree and let me know what you think I'm not seeing. Always trying to improve, Brandon Longby BrandonBeylo1
5 still alive...?Nice little consolidation. Hated all year. Huge short percentage. Insiders buys right in here. Do you want to give me your account login info or...? Stop about 7.25ish Over 8 with some girth and I would expect 9 or 10 to arrive fairly quickly. www.youtube.com Longby JPMorgains1
BGFV - Fallen angel formation long from $7.71 to $8.93 * Trade Criteria * Date First Found- December 5, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Current price ($7.71) Exit Target Criteria- $8.93 Stop Loss Criteria- $6.83 Indicator Notes- Very strong Twiggs moneyflow & Strong Volume Special Note- Some recent insider buying Please check back for Trade updates. (Note: Trade update is little delayed here.) Longby AcornWealthCorp0
BGFV dgaf about what you thinkI think this is a great long play. Looking for entry still. UNDERVALUED AF!!!!! 50% shorts..... WTF?!Longby LuchoTrader763
BGFV Double bottom ready to reverse trend and form a cupNASDAQ:ARLZ In addition to a clear structured technical formation the company's fundamentals point to an oversold and HIGH value play. P/E 7.29 EPS (ttm) 1.10 Insider Own 0.80% Shs Outstand 21.31M Shs Float 20.45M Short Float 51.47% Market Cap 170.48M Forward P/E 8.22 EPS next Y 0.97 Insider Trans 19.69% Sales 1.04B P/S 0.16 Income 24.00M PEG 1.04 EPS next Q 0.29 Dividend % 7.50% by Tears_For_Greed2
Value play $BGFV perking up here off a double bottomCan run fast. We have this one in the Dr. Stoxx Options Letter. Longby Carr3
BGFV -Long - Connors RSI Oversold, Elliot says Go!I normally wait for a candle reversal, but this looks really good. Lots of volume, price is stalling at a key area of support...former resistance that marked the top of wave 1 in previous impulse wave, now acting as support Connors RSI ( yellow Squares ) registered it's lowest since November indicating extreme oversold. (Check out previous low readings highlighted) Elliot count confirms this - Cycle wave I completed 11-21, and primary corrective wave A of Cycle II has just completed. Elliot says wave 2 normally retraces 38.2% -50%, and this move was 660 points...close to the 50% fib retrace. Stop can be nice and tight Longby AuthenticTraderUpdated 4