/BLG/ BIG LOTS GENERAL #8 Big Lots squeeze week is here

[Anonymous No.57926504]

Its time to alert you to your next GME, Options expire march 15 and if you want to coom with the big boys you will be buying your big lots shares asap. After 6 dollars Shorts must cover propelling this stock ad infinitem, With 25k stocks floating there isnt shit left. A few days of trading will wipe these and we will be ready to coom.
play!
>Bankruptcy is likely
American discount retail chain Big Lots (NYSE: $BIG) in trouble
Long-term debt of $533M in asset-based lending facility
Net loss $-463M (ttm)
6 quarters of deeply horrible negative EPS figures
$46.6M in cash, sold California distribution center (Apple Valley) and 23 stores
Shareholders won't get anything after a bankruptcy, don't be a BBBYQ baggie

>Shorts still greedy, /smg/ still bearish
Shares Short (Feb 15, 2024): 6.9M
Outstanding shares: 29.22M
23.6% short interest

>Quickly return to profitability
Executives are reducing costs with project springboard
Project springboard: $200M+ savings in COGS, SG&A and increasing margins in 2024
Inflation is hitting hard, consumers are ditching Target and Walmart, favoring budget stores instead
If interest rates drop, housing market gets more demand meaning more sales for BIG in soft/hard home categories

>Juicy low stock price
Price/Sales (ttm) 0.03
Price/Book (mrq) 0.49
Book ratio is misleading as inventory will not be able to be sold for full price if Big Lots goes bankrupt

>Michael Burry is in
Q4 2023 13F of Burry's fund Scion Asset Management, LLC
$BIG 225,000 shares
Bought between $807,750 to $1,822,500
1.85% of portfolio

>Big Lots Investor Relations
https://www.biglots.com/corporate/investors/news
https://www.biglots.com/corporate/investors/sec-filings

>Useful links
https://www.biglots.com/
https://www.macrotrends.net/stocks/charts/BIG/big-lots/net-income
https://www.secform4.com/insider-trading/768835.htm
https://stocktwits.com/symbol/BIG

Previously:
>>>57777783

[Anonymous No.57926645]

What in the baggie is this new general? I thought this was supposed to "le epic squeeze" after earnings? Are you a BBBY escapee?

[Anonymous No.57926982]

I have 5000$ in bbby @ 0,01
Buying 500$ monday

[Anonymous No.57927276]

KEK BAGGIES
E
K

[Anonymous No.57928340]

nope. this shit is going bankrupt. keep throwing your money away

[Anonymous No.57928799]

>>57926504
You guys should have just bought BTC.

[Anonymous No.57928813]

>>57926504
>With 25k stocks floating there isnt shit left.
No idea where this bot is getting this shit from. There's 29m. But there is 40+% institutional investors and 23% si, so it COULD get interesting.