$153--$155 is nice support for WMT. Been hearing that anything electrical is flying out of stores for X-mas and besides BBY wouldn't WMT benefit from that trend? Also trading down? WMT may be an IRA name here./ Are there shelves filled with Christmas stuff--??
Low margin, loss leader junk. Back to Cramer.... say what you want, but he's had some HUGE winning stock picks in the last several months.
This is my prediction-- Howdi everyone I'm Cramer other people want to be up 13-22% I'm just happy to be up 4%- Join the club act now before it's too late.! Star Wars. Clorox, Hefty, Wrangler, Fruit of the Loom, Philips, Farberware, Bissell and Yankee Candle, what do they all have in common... Ollies! Ollies Bargain Bin. I love that store.. i got some graphic novels there-- you know the kind slightly sexy... and this sweater right at the bottom of a stinky bin. Beat some old lady over the head for it.. I think it was Dana Telsey it's you know unisex... like my beard. Brands at drastically reduced prices—that’s what they live for, the every day people.. me! Household supplies like soap, furniture, food, books, toys and electronics. You like that but it's the special things... I bought Garth Brooks CD... and I don't have a CD player... Hit Button... Hey Scotts lawn fertilizer- that's the cheapest place!! If you don't mind the cancer. That's where I go!!! Hit Button-
BOY IS THERE EVER A STORY HERE TO BE TOLD. - ALL THAT INSIDER BUYING AND THIS.../ Something is very strange at Mr Riley's place.
There's another thread about it, that's what made me look. https://www.elitetrader.com/et/threads/b-riley-rily-debt-securities-taking-a-hit.377042/
neg 100 margin to positive 60 margin... This Temu thing is flying. My trainer today mentions Temu he said have you ever heard of it everything is much cheaper than Amazon that's the first time I have heard the name Temu used in NYC... Tic Tic Tic.. Are all packages mailed from China>???? What is shipping///
B Riley Financial Inc NASDAQ: RILY Financials : Capital Markets | Small Cap Blend Company profile Buy Sell Set triggers Set alerts Add to watch list Options chain Historical quotes & splits Income Estimator Back to News Results B. Riley (RILY) Shares Plunge Amid Write Offs and Credit Downgrades of Franchise Group - Hagens Berman 10:32 am ET November 14, 2023 (Globe Newswire) Print HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating RILY and Encourages RILY Investors Who Suffered Substantial Losses to Contact Firm's AttorneysGlobeNewswireNovember 14, 2023 SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges B. Riley Financial, Inc. (NASDAQ: RILY) investors who suffered substantial losses to submit your losses now. Visit: www.hbsslaw.com/investor-fraud/RILY Contact An Attorney Now: RILY@hbsslaw.com 844-916-0895 B. Riley Financial, Inc. (NASDAQ: RILY) Investigation: The investigation focuses on the accuracy of B. Riley's statements concerning Franchise Group ("FRG"). On Aug. 28, 2023, B. Riley announced it invested $216.5 million in an equity financing to facilitate the $2.8 billion management-led acquisition of FRG, which was completed on Aug. 21, 2023. Questions about B. Riley's FRG investment began to arise on Nov. 2, 2023, when the DOJ announced that co-founder of hedge fund Prophecy Asset Management John Hughes had pled guilty to conspiring to defraud dozens of victim investors out of $294 million. Bloomberg later reported that FRG's CEO Brian Kahn is one of two co-conspirators and Reuters reported that Hughes named Kahn as a co-conspirator. Then, on Nov. 8, 2023, B. Riley revealed that it was forced to mark down the value of its investment in FRG after the company reported a decline in revenue and a net loss in the third quarter. That markdown resulted in B. Riley reporting a net loss of $75.8 million in Q3 2023, compared with a profit of $45.8 million a year earlier. Most recently, on Nov. 10, 2023, S&P Global Ratings downgraded FRG's credit rating, dropping it further down in junk status to "B-" from "B" with a negative outlook, citing its weak performance. S&P also said it was monitoring legal developments relating to FRG's Chief Executive Brian Kahn, who led the August take-private deal. These events have caused the price of RILY shares to decline sharply. "We're focused on RILY investors' losses and are investigating the propriety of B. Riley's disclosures concerning the FRG investment and the company's relationship with Kahn," said Reed Kathrein, the Hagens Berman partner leading the investigation. If you invested in B. Riley and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now >> If you'd like more information and answers to frequently asked questions about the B. Riley investigation, read more >> Whistleblowers: Persons with non-public information regarding B. Riley should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email RILY@hbsslaw.com. About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation law firm focusing on corporate accountability through class- Stocks: Profile Closing Price $24.28 Day's Change 0.08 (0.33%) Bid 24.00 Ask 24.88 B/A Size 100x100 Day's High 25.22 Day's Low 22.89 Volume 1,370,498 November 15, 2023 3:59pm ET (Light) Earnings Calendar and Events Data provided by | Terms of Use | © 2023 Wall Street Horizon, Inc. Market data and information provided by Morningstar. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please read Characteristics and Risks of Standard Options before investing in options. Information and news provided by , , , Computrade Systems, Inc., , , and Copyright © 2023. All rights reserved. CFRA Research Disclosure 3rd Party Research Disclosure action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices
Wallmart is a fascinating case study. They have really been left behind with AMZN rise. But I wonder if there is a tipping point when they come back in favor. Over the past 20 years, WMT stock has generated an annualized total return of 7.5% vs 9.6% for the S&P 500. if you invested $1,000 in Walmart stock 20 years ago, today it would be worth only $4,260.