DOLLAR GENER.CORP.DL-,875 stock discussion
DG Maybe putting a high margin small prescription pharmacy department into each of DG’s 20,000 locations would vastly improve DG’s profits. Medicare would pay for the elderly people in the areas that DG serves. Including vaccinations that in the long run would save Medicare money.DG Looks like extreme value buyers like TRC are moving into DG. They will absorb the excess DG shares outstanding that the powers at DG are unwilling to buy through stock buy backs.DG now has its lowest stock price in FIVE YEARS ! When is it going to be apparent to the powers at DG that DG has excess stock outstanding ? This is a no brainer. A buy back of 10% of the outstanding stock is obviously needed. I guess the powers in control of DG want the stock price lower. Maybe to take the company PRIVATE. Maybe the current class action law suit will find evidence during the discovery process. Who knows what else?DG On Aug 29th and Aug30th 30% of the outstanding stock of DG changed hands at cheap prices.It would be interesting to know WHO the major buyers were ? Does anyone have a clue?DG On daily Bollinger Bands,DG is soooo close to THREE STANDARD DEVIATIONS it is almost a “near certainty” that DG will bounce from the 82.97 Friday close. Three standard deviations is 82.51,See Google on definition of 3 standard deviations.I would not be surprised if DG closes the daily opening gap of Thursday. Enjoy the Fireworks !
DG premarket movement shows it will be going to hell today. fuck, why don't shorters pull this down to $20. wanna mess it up? why settle on $84. fuck!DG i was too naive to expect a dead cat bounce in this trash. had to cutloss otherwise this trash will be keeping my money to hibernationDG Close to 20% of Dollar Generals outstanding stock traded today at “GIVE AWAY” prices. The decision makers at Dolllar General should REMOVE
This excess supply of stock from the market because it is a better investment for
Dollar General than bricks and mortar stores at this time. The opening of additional bricks and mortar stores can be stretched out over a longer time period. The bargain at the moment is buying back the excess Dollar Store stock on the market. Investment bankers can easily raise the money which could be paid back over time. This financial engineering makes sense. The opportunity to do this will not be around for very long.
DG : IF the decision makers had any brains, they would buy back at least 10% of Dolllar Generals stock. This discount of 25% from yesterday is huge. The earnings and same store revenues are not as bad as the market is discounting the stock. Dollar General could vastly increase earnings per share by making this buy back.
DG Bottom around 86 or 80