If you are interested in accumulating BGFV you could consider selling a put. If it reverses, like is has in the past you pocket a % for the reversal or if you wanted a decent entry why not get paid for the pullback? It might not feel great entering this position although it's paid off the last few months as the stock continues it's upward trend.
BGFV is looking overextended and coming into resistance. I will wait for a lower high to actually take a short position but am selling covered calls to exit my positions. $2 --> $15
Perhaps the most undervalued company in the universe of stocks. And the Analysts are telling you to buy Tesla and Doordash. LOL!!!!!!!
Probably one of the most undervalued companies, technicals support a move to resistance at $13, then a move to all time highs.
Failed at first entry and it provided a second opportunity thereafter but was too close to earnings. Jul 27, 2020 09:31 Shares traded: 1250 Closed P&L: $-337.50 Share trade Tags: ibkr Edit Tags Add Notes Execution detail:Advanced > Date/time Symbol Qty Price Position 2020-07-27 09:31:31 BGFV 625 $4.410 625 2020-07-27 10:04:00 BGFV -625 $3.870 0
Got lucky on my timing with this one. I was looking around for other sporting goods stocks after how well SPWH has been running and thinking with the US coming into summer and travel abroad being restricted there could be some more upside to sporting goods type stocks. Spotted this one coming back after a pullback and caught a big chunk of todays 30% rise. Not...
Fiscal 2020 Second Quarter Results -Generates Second Quarter Net Income of $11.1 Million and Earnings per Diluted Share of $0.52 -Fiscal July Same Store Sales Increase 31.9% -Revolver Borrowings of Zero, With Cash Position of Approximately $38 Million As of the End of Fiscal July “We produced strong second quarter earnings" " Strong sales across a broad array...
Preliminary Results for Fiscal 2020 Second Quarter upbeat earnings forecast amid the coronavirus outbreak. predicted second-quarter earnings per share of 52 cents to 54 cents for the period ended June 28, compared with breakeven EPS last year. preliminary results for revenues, which dropped 5.4% to $228 million, and comps, which declined 4.2%. Although...
BGFV has some big buying volume earlier in the month and looks good to hold until $13-$16. P/B ratio is still 0.56 when in the past it has averaged between 1-2 P/B ratio. Will be continuing to sell covered calls into the top resistance channel on the 1 day chart.
What do you think of this? $BGFV's in Uptrend: Moving Average Convergence Divergence (MACD) Histogram just turned positive. View odds for this and other indicators: Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company's products include athletic shoes, apparel, and accessories, as well as a selection of...
buy support, and the close at resistance there is one more chance forming soon
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.
$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...
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...
Big 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...
Bullish 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 $5-6
Whats up traders. Day Trade explanation on the charts.
On confirmation of positive earnings looks like there is upside to about $8.35, support at $6.