June 10, 2010
– Comments (4)
even facing a 175 point DJIA gain. I am not going to name the stocks but you should be able to find them quickly as there are not many stocks down today.
ok, ok, two of them are GS and BWLD.
I can imagine why GS is down but BWLD seems to be down due to the lack of volume. I guess all the football fans are waiting for August to flood the wings restaurants.
So the question then is do you buy BWLD today while its down or wait till August when the Football Fans all start thinking they should buy BWLD shares since they are giving them business anyway.
The cycle has been that BWLD finishes the year higher than it started. This year it started at $40 so based on past performances it should be north of $40 by end of Dec. 2010.
BWLD is a nice buy right now. I bought Dec calls yesterday. They always have a summer lull, but it will start to move back up in the fall as football season approaches. It is a cyclical stock, and it got creamed after posting respectable earnings. A great company at a very good price right now.