jsasker007
5 year old buck +
Anyone who had a decent stop loss set on NVDA just lost a lot of money. Stock dropped over $12 in a minute and is now climbing back up quickly.
Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
hunts_with_stick
5 year old buck +
Today will be interesting
hunts_with_stick
5 year old buck +
I just bought some DG - it's at a 5 year low. They missed earnings and have fallen nearly 30% on that news. I am going with the theory buy low, sell high.
bwoods11
5 year old buck +
My good buddy said if he had a dollar
for every gal he sees at Dollar General with pajama pants he’d be a millionaire.
SD51555
5 year old buck +
Not gonna lie, I was in there looking at it this morning. They were on a tear for a long time, but the concept turned a couple years ago it seemed, and I don’t know why.
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Howboutthemdawgs
5 year old buck +
I work in an area that has a heavy DG presence and occasionally go in to grab a snack. The places are a dump almost universally. They staff with one person who has to stock shelves and run the cash register in between 43 smoke breaks an hour. They rarely have inventory. The self checkout is operational about 1/3 of the time. You could rob the store blind if that was your style. They are a disaster
Foggy47
5 year old buck +
I think they have recently been fined for crowded isles and having too much inventory blocking entries and some similar reasons. Fire hazard? I think it would be a nightmare to work in such a store.....but I kinda enjoy looking at some of the crap they carry. My wife and I occssionally buy some things (like get well and sympathy cards) for cheap there. We do not buy any food. They always seem to have a few customers when I drive by these places.
BuckSutherland
5 year old buck +
I picked up a jug of orange juice at DG the other night. Took about 5 mins waiting at the checkout for the gal to finish her cigarette. I'm sure she could have been done sooner if she didnt have the baby on the hip. She could be a real looker with a full set of teeth and if she lost 75-100lbs and maybe took a breath mint. So glad my local town could run out the small grocery store and replace it with all this cheap Chinese shit. They seem to be a great hangout if you like meth.
hunts_with_stick
5 year old buck +
Ha! I agree, I don’t shop there. Hopefully I made a good buy. I guess they could always go bankrupt, but it does seem like people shop there
Howboutthemdawgs
5 year old buck +
SD51555
5 year old buck +
Foggy47
5 year old buck +
Are those stores all corporate owned? .....or franchise stores?? Seems to me its lots of risk in a small market with low price goods.They just built 3 in my hometown in the last 5 years.
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Low margins with Low Volume.....what could possibly go wrong? lol. Reminds me of all those Family Video stores when Netflix was rolling along. What were they thinking??? Money laundering?
BenA
5 year old buck +
I don't know how they're owned, but I have 11 of them within 5 miles from my house. Last week, somebody stole $600 worth of laundry detergent while the employee was taking pictures of them loading the car with it. Police are still looking for them.
Howboutthemdawgs
5 year old buck +
I’m sure they are beating the bushes
I don't know the business model either but I do know out in the county they are the only option in many rural areas and many stay very busy. Convenience is what they have going for them, people not going to drive 40 minutes for milk or bread. They have driven all the small town grocery stores around here out on business.
