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The Company is an extreme value retailer of consumable general merchandise with an emphasis on name-brand products.
I am surprised this stock is not closer to the $22 dollar bid reported by NY Post, and wouldn't be surprised if it was private by the end of the year.
We all are going to be shopping there before this mess is straightened out.
This stock is back on it's way to 18 dollars. It dropped 3 dollars in october 2010 because of an overreaction. it missed q3 earnings estimates by 6 million. give me a break.
This company has no debt, growing revenues, and I believe a growing customer base. A middle class that is realizing frugal is smart.
I went there to shop. The customer service there is so poor that even poor people will get tired of it!!!! I say it will go the way of K-Mart, poor management!!!
market is down and will remain bad for summewr.
cheapest place to buy and lowest priced co
Not a good place to be right now. Only broke people go to 99 cent stores and their products are just that, 99 cents. So you should also get 99 cents in stocks. = P.
'NDN' is my shortest term trade so far. The store specializes in offering closeout products at an unbeatable price of 99 cents! The reason why I am putting such a short-term time period on this trade is because of the recent price action. On February 4th 'NDN' closed above resistance and has continued to preform well leading me to believe that past resistance (around $15.00) will now become support. The stock has some good "fundies" too including the largest PEG amongst it's major competitors, a current ratio of 2.775 and a small amount of debt ($536K) compared to an enterprise value of over 981M. In all, the stock looks to be an interesting trade for the next few months or so and may be considered if adding to a diversified portfolio.Disclosure: I currently hold no position in 'NDN'
Time is right as people are forced to save money.
When the overly optimistic FOMC says that household spending will be "constrained" by sluggish income growth, ongoing job losses, lower household wealth, and tight credit AND Shanghai stocks hit a seven-week low, then you know this bear market rally is finally over!
trade up play
After inflation hits, $.99 wont get you much.
name brands, usually sell better....
Ugh, I actually hope I am wrong on this one. More cheap plastic crap, disposable life, hollow and non-sustaining junk...
name brand cereals @ major supermarkets $5 a box.same cereals @ ndn half the price.other hse hold itims follow the same price dif.people will shop there for the nessecities not just the junk.ndn will profit slowlly be patient
Tiny margins in a space that is flooded with competition. I think an optimistic view of this stock would be market perform. People won't suddenly start going here because money is tight; I think your average American tries to be thrifty as it is, so if they could be saving money in these stores, they'd already be shopping there.
The Recession will soon turn into a Global Depression and these are the kind of stocks that might quadruple in months time.
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