Gander Mountain Company (GMTN)

1927Trimotor (< 20) Submitted: 5/7/2009 10:11:38 AM : Start Price: $4.65 GMTN Score: -14.58

About 100% of the readily tradeable float is short. Run the numbers yourself. Take out insiders and institutions and you have roughlt 2,500,000 shares WHICH IS ALSO the short position as of last report. With a stock that trades only 10-20,000 shares a day there is simply not enough liquidity to effeciently cover (remember most of the reported trading volume is double counted)!

bjam3b1g (77.30) Submitted: 4/28/2008 8:41:10 AM : Start Price: $5.29 GMTN Score: +11.74

Just check their stores if they start back shipping orders lookout Cabela and Bass Pro

esa430 (< 20) Submitted: 12/23/2007 4:04:19 PM : Start Price: $5.40 GMTN Score: +14.38

Multiple insiders have purchased over 70 million dollars worth of the stock in December. I would hope they are not all that risky or stupid.

carpedinero1 (< 20) Submitted: 8/23/2007 6:04:46 PM : Start Price: $7.99 GMTN Score: -17.16

growth firmly in place larger foramt stores doinf well. Expansion into boats a plus margins increased 4q's in a row Inflection point reached. Stock irrationally savaged on news of secondary offering by insiders

gopirque (70.07) Submitted: 7/22/2007 4:39:59 PM : Start Price: $11.86 GMTN Score: -33.32

Well, I'm going to make a gutsy call.

1) Gander Mountain's financials aren't really the best. They've reduced long-term debt but are still struggling with their current liabilities.

2) Bass Pro and Cabelas do have the majority of the market share, and are mega players with customer service, store features, and catalog orders.

3) Gander Mountain has been out of the loop for over 10 years, can they really come back?

**I think they can. I remember 10 years ago when we received our last Gander Mtn catalog, it was a sad day. Why? Because Cabelas and Bass Pro always had higher prices. Sure, we enjoyed looking at the other catalogs, but we bought from Gander Mtn.
Also, Gander Mtn has pretty good locations for its current stores. If they focus on expanding the same size and style and don't try to compete with Cabelas, then they will be able to capitalize on Cabelas weakness. Think about it: people visit these megastores from across the country, only to return and not have something close to them...enter Gander Mtn with their smaller but functional retail stores and Gander Mtn is back in the game.
The right to sell from catalog and the web is huge, and if Cabelas doesn't appeal, I see Gander Mtn fitting back in nicely. By-the-way, with this kind of potential to hurt the Big 2, can anyone spell a-c-q-u-i-s-i-t-i-o-n (it took me 3 tries to do that).

Doughboy33 (97.10) Submitted: 2/27/2007 11:20:30 PM : Start Price: $10.03 GMTN Score: -33.78

New Chairman injecting growth capital, square footage growth + $/square foot growth + incremental margins as economies build. Small share base, underappreciated earnings leverage and discounted valuation.

Fuzzy7466 (50.23) Submitted: 1/17/2007 3:02:38 PM : Start Price: $9.11 GMTN Score: -27.31

Small company positioned to grow quickly. Large insider ownership. Expanding rapidly with superior products.

Risks include competition from large sources.