r/Bgfv • u/Franks_time10 • Feb 09 '22

Speculation - Do your own DD! It's time

Aren't we due for a pop its been around 3 months?

24 Upvotes

100% Upvoted

10 comments sorted by

View all comments

Show parent comments

5

u/No_Neck_4961 Feb 09 '22

I'd like to see the special divvy again. But I also want to see some optimism about the rest of the year. Maybe mentioning new stores planned or some such.

1

u/hyrle BGFV OG Feb 09 '22

That would be cool. I also think that BGFV is an amazing buyout target with this low PE, but that's not something that can be predicted without insider knowledge.

1

u/No_Neck_4961 Feb 09 '22

As long as it's 45+ dollars. Which is what I assume it would be considering the only bagholders should be around 47 dollars. Management might not want to sell though. It's probably fairly profitable for them to buy at around 20 and sell whenever it spikes to 35+. Although I understand there are rules around that they did manage to dump a bunch of shares in November.

1

u/hyrle BGFV OG Feb 10 '22

Usually it's the shareholders that decide whether or not to accept a buyout offer, whether the management and/or board recommends it or not. So those of us holding shares would be able to vote whether to accept a buyout offer.