Comments on Fund My Mutual Fund: Big Lots (BIG) - Another Good Report, but Adverse ...

Even if revenue up your margin can get squeezed wh...

2008-08-26T13:28:00.000-04:00

Even if revenue up your margin can get squeezed which hurts profits. unless you are an airline and then you can buy them without risk because they have no margins to risk ;)

what i don't understand is how it seems that all f...

2008-08-26T12:52:00.000-04:00

what i don't understand is how it seems that all food suppliers are toxic; are we just a small sect of pessimists? no matter what happens people will have to eat

Kind of lends credence to "why bother" on the long...

2008-08-26T12:48:00.000-04:00

Kind of lends credence to "why bother" on the long side. You report great earnings but in the wrong sector you get nailed. You report great earnings but in the right sector but in the wrong time frame, you get nailed. You report bad earnings in any sector you get nailed. Etc

It just seems to be a quick scalp, get in and out, ride the mini thesis, and move to the next thing. Not for people with time horizons over 2-3 weeks.

The "retail" trade is now ruled out and on to the next thing? Until it comes back later.

p.s. I was shocked to see Renassaince down 4.5% for the year - shows you even the super computers are struggling from what they have created. It's just not a market to easily make money - even the short side as the rallies are fast and furious and out of the blue.

yea don't ya hate when the story makes sense but t...

2008-08-26T12:39:00.000-04:00

yea don't ya hate when the story makes sense but the reaction is the opposite.

chart looks somewhat ominous right now for ole BIG

hopefully this link works: http://3.bp.blogspot.com/_TFt9w5HG8Mc/SLQZUHskweI/AAAAAAAAAOw/2XwMASj0cxA/s1600-h/big-26082008-19m.GIF