I use them for convenience, I have no problem paying a little extra if there's something I need real quick. I probably go in one at least once every week or so. Just for little things, but me being me, I pay attention to things, it's those damn Peter Lynch books I read 30 years ago. There's a trend going on here and I have seen it in multiple stores for months now. The stores are an absolute mess. In some of them you can't even get down the aisle. Not only are the shelves in complete disarray, but there are pallets full of inventory stacked everywhere. It's ridiculous. And no one is even working on it. I thought about shooting a video of this store I was in today. It would take 3 people working 24/7 an entire week to organize this store. I mean if there's a labor shortage, they're just gonna have to bite the bullet and pay more. Get some people in there all night long and stock the shelves. This one I went into today, it was a friggin disaster. The stock is down 13% from its highs, and it's at the very bottom of a channel, but I gotta think their next earnings report, like everyone else's so far, will be wrought with labor problems. It's $204 now, I wish I had have seen it at $240 earlier this month. Missed the big move, but there might still might be some juice left, especially if it rallies into the earnings report.
It us refreshing to see someone who respects entrepreneurship and doesnt expect everything to be free.
Almost 2-years to the day ago... I was looking up the financial docs for Dollar Tree Dollar General Dollar Rama But... very little dividends, with what already seemed to be inflated stocks. I decided to pass and will still pass equity on them. I find them very boring and there is not enough movement with them to match my trading style either.