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Posted By: RAM Dick's Sporting Goods down 23% - 08/22/23
Good.Shut gun sales, I hope you starve. They say its shoplifting driven, well, that would be down if you had a gun in the store.
I have not been in the local one since they quit selling guns and ammo. Couldn't care less if they go the way of Bud Light.
Recently, on a fishing page I follow, some one mentioned a sale on some fishing related item at Dicks. He pretty much got drug by the respondents.

Glad to see the Target of sporting goods taking a hit.
Originally Posted by centershot
I have not been in the local one since they quit selling guns and ammo. Couldn't care less if they go the way of Bud Light.


Same here
I gave up on them a while back when they quit selling AR rifles.
Bought a few fishing lures there once however a basic soccer mom hangout probably why they stopped selling guns..
Originally Posted by centershot
I have not been in the local one since they quit selling guns and ammo. Couldn't care less if they go the way of Bud Light.

Ditto.
There is a Dicks (appropriately named) close to me. I drive by it often. Have not been it in at least five years.
So there are two around here that i have not been in since they stop selling those evil guns... however, how can shoplifting be the problem when the only way out it through the cash registers... ? atleast this is how the ones here are
Repeating the pattern of Herman's Sporting Goods.

Growing up, they were the giant sporting goods chain that everyone went to for anything sport related, to include a hunting, fishing, and camping department (where you found the gun counter). I went to work in that department when I started college. The place was wildly popular, and almost always full of customers

Then, in the 1990s, they fell under pressure to remove all guns and ammunition from their stores, and did so. Almost immediately, the places became ghost towns, and within a year or two later, the corporation filed chapter 11.
Posted By: rte Re: Dick's Sporting Goods down 23% - 08/22/23
They're nothing but entitled,second generation owners,who have squandered the good business their father created.
Look at what Academy stock has done in the few years since it went public. It has more than tripled. Not perfect, but they still deal guns/ammo/reloading supplies/hunting gear.
I hope dicks goes broke. I haven't darkened their door since they quit selling ARs. Piss on em.
Dropped the wife off at a nearby store and thought I would stick my head in the Dicks store. They recently converted it back from the Field and Stream concept and it was wall to wall soccer mom merchandise. Not a hunting thing in there that I could see. My comment to my wife was that they are going to go broke if that's their new business model.
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL
Originally Posted by losttrail60
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL

Quote
Look at what Academy stock has done in the few years since it went public. It has more than tripled. Not perfect, but they still deal guns/ammo/reloading supplies/hunting

Pay attention
Originally Posted by Oldelkhunter
Originally Posted by losttrail60
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL

Quote
Look at what Academy stock has done in the few years since it went public. It has more than tripled. Not perfect, but they still deal guns/ammo/reloading supplies/hunting

Pay attention

LOL clueless old fudd.

You seem to struggle with reading comprehension.
Nothing missed if Dick goes out of business.
Posted By: MAC Re: Dick's Sporting Goods down 23% - 08/22/23
Dicks is aptly named
Originally Posted by rte
They're nothing but entitled,second generation owners,who have squandered the good business their father created.

I used to patronize the original Dick's a lot back in the 70's. It was a great fishing and hunting store. Sad to see what it's become.
Originally Posted by losttrail60
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL


Gee.....I guess you've never heard the saying, "like comparing apples and oranges.." It figures.
Originally Posted by reivertom
Originally Posted by losttrail60
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL


Gee.....I guess you've never heard the saying, "like comparing apples and oranges.." It figures.

I can try and explain but I can't make you understand.
Posted By: DMc Re: Dick's Sporting Goods down 23% - 08/22/23
I’m surprised they’ve lasted this long.
Have never done business with them. After they stopped selling firearms was another nail in their collective coffin. Go woke, go broke! MTG
OP is unquestionably special needs. Down 23% what? Profit? Sales? Stock price? Inventory? Down 23% since when? Down 23% why? Down 23% for what period of time?
I’ve never been in one, guess I’ll live.
I was in Dick's last week and they had lots of guns and ammo on the shelves. Their prices are high on everything.
Originally Posted by losttrail60
Originally Posted by Oldelkhunter
Originally Posted by losttrail60
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL

Quote
Look at what Academy stock has done in the few years since it went public. It has more than tripled. Not perfect, but they still deal guns/ammo/reloading supplies/hunting

Pay attention

LOL clueless old fudd.

You seem to struggle with reading comprehension.


Most likely younger than you lost one. Know crap about anything financial for sure.
Originally Posted by Blackheart
I was in Dick's last week and they had lots of guns and ammo on the shelves. Their prices are high on everything.

None of their stores sell any guns at least in my area.
Originally Posted by DMc
I’m surprised they’ve lasted this long.

Especially when everything they sell can be bought online for 2/3 rd's the price.
Dicks doesn't care what a bunch of angry old men on a gun forum think.

https://www.macrotrends.net/stocks/charts/DKS/dicks-sporting-goods/revenue
Originally Posted by losttrail60
Originally Posted by Oldelkhunter
Originally Posted by losttrail60
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL

Quote
Look at what Academy stock has done in the few years since it went public. It has more than tripled. Not perfect, but they still deal guns/ammo/reloading supplies/hunting

Pay attention

LOL clueless old fudd.

You seem to struggle with reading comprehension.
Fudd You.
Our local one closed about a year or more ago. Academy is moving into the space. Before it closed, I was buying Rio shotgun shells for $25/flat.

They never reduced the price on any of the firearms. I’m assuming they moved them to a different store.
Originally Posted by PaulBarnard
Dicks doesn't care what a bunch of angry old men on a gun forum think.

https://www.macrotrends.net/stocks/charts/DKS/dicks-sporting-goods/revenue

Paul who is angry? I gave up on Dicks when I was shopping for sneakers 10 years ago and started buying Brooks online.

In 27 years I have purchased one rifle from Dicks and zero from Field and Stream. I am surprised they are still in business with the business model they use.
Cry Me a river. Fugk U, commies
Originally Posted by PaulBarnard
Dicks doesn't care what a bunch of angry old men on a gun forum think.

https://www.macrotrends.net/stocks/charts/DKS/dicks-sporting-goods/revenue

Revenue without profit data is next to meaningless.

When GM declared bankruptcy, it was one of the 20 largest companies in the USA in terms of revenue. But it burned through about $3 billion in cash reserves the last five months of its existence, due to GMAC financing's woes with the housing bubble.

I've no idea what Dick's profitability is, and don't really care. They bought Galyans (started in and HQ'ed in Indianapolis) in 2004. Soon, the former Galyans stores they kept open shifted from hunting/fishing/camping with some athletic gear to athletic gear with some hunting/fishing/camping gear, and no handguns. As time went on, the outdoors inventory shrank, and the athletic gear grew.

I haven't set foot in one since about 2007.

Damn shame, Galyans always had the best price on firearms and friendly staffers. It was a great alternative to Cabela's or Bass Pro. It was kind of the midwest's version of Scheels.
Originally Posted by slowmover12
Nothing missed if Dick goes out of business.

Agreed
Originally Posted by Oldelkhunter
Originally Posted by Blackheart
I was in Dick's last week and they had lots of guns and ammo on the shelves. Their prices are high on everything.

None of their stores sell any guns at least in my area.
They sure do in Oneonta NY. At least as of last week.
Originally Posted by rte
They're nothing but entitled,second generation owners,who have squandered the good business their father created.
Yeah. I bet Dick Stack is rolling in his grave.
IIRC, he borrowed $300 from his grandmother in upstate NY to start a Baitshop/Sporting Goods store that became a pretty good chain.
They bailed on semiautos after Sandyhook, but opened up Field & Stream and sold them right and left, all the while paying lobbyists to lobby for stricter gun laws! (I had a couple friends in the Altoona F&S)
I did get a S&W Shield and a Ruger AR5.56 there. My friends quit when F&S bailed on the semis, and it became a Sportsman’s Warehouse shortly after.
Sportsmans ain’t bad, but if you’re a serious handloader, you still have to buy online.
I’d still love to know the truth about the $5 million worth of guns they supposedly destroyed! Nobody bites the Bullet on 5 million bucks for virtu signaling.
7mm
Used to buy alot of M855 420rd cans when they had coupons sent in the mail.
Per them asking you to sign up for targeted coupons based on your purchases.


Buy one get one half off ammunition
Worked out to around 23 24 cents a rd during the early obammy days.


They used to be a decent place to shop here.
But like others have said.
Once they stopped selling AR,s.
Nothing but downhill from their.

Fuuk em if they go out of business.
The head honcho,s will set themselves up nicely prior to that of course...
Originally Posted by HoosierHawk
Originally Posted by PaulBarnard
Dicks doesn't care what a bunch of angry old men on a gun forum think.

https://www.macrotrends.net/stocks/charts/DKS/dicks-sporting-goods/revenue

Revenue without profit data is next to meaningless.

When GM declared bankruptcy, it was one of the 20 largest companies in the USA in terms of revenue. But it burned through about $3 billion in cash reserves the last five months of its existence, due to GMAC financing's woes with the housing bubble.

I've no idea what Dick's profitability is, and don't really care. They bought Galyans (started in and HQ'ed in Indianapolis) in 2004. Soon, the former Galyans stores they kept open shifted from hunting/fishing/camping with some athletic gear to athletic gear with some hunting/fishing/camping gear, and no handguns. As time went on, the outdoors inventory shrank, and the athletic gear grew.

I haven't set foot in one since about 2007.

Damn shame, Galyans always had the best price on firearms and friendly staffers. It was a great alternative to Cabela's or Bass Pro. It was kind of the midwest's version of Scheels.

I doubt you'll find too many business that can stay afloat for 13 years without turning a profit. Their net income has been generally consistent with sales. Dicks ain't hurting.

https://www.macrotrends.net/stocks/charts/DKS/dicks-sporting-goods/net-income#:~:text=DICK'S%20Sporting%20Goods%20annual%20net,a%2078.26%25%20increase%20from%202020.
I’ve not stepped in one in 8 years or so, but always thought they were a much better golf store than shooting store.
They carried a camo pattern long ago I used to buy was a Forrest floor oak leaf pattern.
Went in the Clarksville store probably 4 or 5 yrs ago.
Just to the direction of the place after 5ish yrs of not going in their.
0 hunting related items or hunting clothing.


People used to shop their alot before they went woke.
The Grand Opening of Academy was a big thing here.
Even they stopped selling AR,s and AK s
They had em on the racks.
Then ya had to ask what they had in stock in the back.
Then they stopped selling them completely.

Kowtowing to pressure from Liberal Socialist Democrats and those types in the food chain of the company....
Posted By: DMc Re: Dick's Sporting Goods down 23% - 08/23/23
Originally Posted by local_dirt
Cry Me a river. Fugk U, commies
Ditto
Posted By: EdM Re: Dick's Sporting Goods down 23% - 08/23/23
Look here.

https://finance.yahoo.com/quote/DKS/?
LOL
Dick's has done to Galyan's what Bass Pro Shops is doing to Cabela's. I haven't been in Dick's in years and don't patronize Bass Pro much either.
Originally Posted by Blackheart
Originally Posted by Oldelkhunter
Originally Posted by Blackheart
I was in Dick's last week and they had lots of guns and ammo on the shelves. Their prices are high on everything.

None of their stores sell any guns at least in my area.
They sure do in Oneonta NY. At least as of last week.


The only thing worth going to Oneonta for is Brooks barbecued chicken.
Originally Posted by EdM

Market reactions are insignificant blips in the grand scheme of things. Smart money would buy right now.
Originally Posted by gunswizard
Dick's has done to Galyan's what Bass Pro Shops is doing to Cabela's. I haven't been in Dick's in years and don't patronize Bass Pro much either.

Yes sir. Cabelas will be in same boat as Dicks sooner than later. That place has taken a serious quality dive since BP took over it. They are running it into the ground.
[


Zoey no one blew the Montana pedophile dog whistle so you can leave . Zoey why do pedis like you who don't even know how to hunt fish and own no firearms troll on here. You're a bigger and fatter clown than buzzy. lol





quote=losttrail60]
Originally Posted by Oldelkhunter
Originally Posted by losttrail60
Funny how the OP selective picked out Dick's for his post about sales being down.

The same new article about Dick's also stated Macy's and Lowes were also down.

The OP trying to project that the old fudd boycott was actually doing something.

LOL

Quote
Look at what Academy stock has done in the few years since it went public. It has more than tripled. Not perfect, but they still deal guns/ammo/reloading supplies/hunting

Pay attention

LOL clueless old fudd.

You seem to struggle with reading comprehension.[/quote]
Originally Posted by PaulBarnard
Originally Posted by EdM

Market reactions are insignificant blips in the grand scheme of things. Smart money would buy right now.


lol. great advice Jim Cramer
Hey liebika remember when I posted about running into that doc from Kootenai out on lake CDA and he said everyone knows you as the liar of the PNW?


LOL
I have not been in a DICKS store for years. They were the king on gougers. When ammo was in short supply, they put out a pallet of .22 rimfire ammo. The price was $55.00 per brick. Then they stopped selling guns. No reason for me to ever go in a DICKS. They did name it correctly though.
Originally Posted by cra1948
Originally Posted by Blackheart
Originally Posted by Oldelkhunter
Originally Posted by Blackheart
I was in Dick's last week and they had lots of guns and ammo on the shelves. Their prices are high on everything.

None of their stores sell any guns at least in my area.
They sure do in Oneonta NY. At least as of last week.


The only thing worth going to Oneonta for is Brooks barbecued chicken.
Yessir Brooks chicken is good stuff !
I haven't been in a Dick's store since they stopped selling AR-15s so that's a while back.
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.
Lots of good virtue signalling going on here. Way to represent Team R
Originally Posted by losttrail60
Hey liebika remember when I posted about running into that doc from Kootenai out on lake CDA and he said everyone knows you as the liar of the PNW?


LOL

ok BuzzH's pot bellied sock puppet


You need to work on your spelling Zoey lmao. Stick to to your drag queen strip shows for children at the Bozeman library. We will love to see Gianforte send in the Montana Sp to arrest a child molester perv like you
I was in one a few weeks ago. Went in and blew up stall #2 in the men's room and walked out. Only thing I noted was purple and pink yetis at front door.
Picked up a bag of licorice by the check outs at Cabela's when I was there with my granddaughter. Flipped the package over to see price. $9.79! No don't think so.
Originally Posted by PaulBarnard
Lots of good virtue signalling going on here. Way to represent Team R
Paul: Dick's turned away from their original customer base and that base felt disrespected and also saddened that a formerly decent source of firearms and shooting supplies bent to the whims of females (of both sexes) and discontinued firearms and shooting supplies.

Apparently the management has become so feckless they cannot deal with thieves run amok in there stores which will further degrade their customer base. Now the lady soccer moms won't feel comfortable in the store with criminals openly appropriating the goods while Dicks employees stand by and watch..

Yes there is a certain amount of satisfaction being experienced by the former customers that were into shooting and hunting. It is to be expected.
Posted By: EdM Re: Dick's Sporting Goods down 23% - 08/23/23
Originally Posted by PaulBarnard
Originally Posted by EdM

Market reactions are insignificant blips in the grand scheme of things. Smart money would buy right now.

Are you buying?
Originally Posted by The_Real_Hawkeye
Repeating the pattern of Herman's Sporting Goods.

Growing up, they were the giant sporting goods chain that everyone went to for anything sport related, to include a hunting, fishing, and camping department (where you found the gun counter). I went to work in that department when I was started college. The place was wildly popular, and almost always full of customers

Then, in the 1990s, they fell under pressure to remove all guns and ammunition from their stores, and did so. Almost immediately, the places became ghost towns, and within a year or two later, the corporation filed chapter 11.
and the sad thing is .If they had reversd thieselves and sold guns and hunting stuff again , they might have stayed afloat and came back.But big bussness are like people ,they would rather go under than admitt they was wrong ..seen the managment at my old factory do the same thing before they shut down . for 5 years everyone told them they was doing things wrong and needed to go back to the way we had done it before .would they listen...nooooo.... right before corperate shut us down ,i will say and give the plant manager this, he told us yea we was right . too damn late then
Originally Posted by Hastings
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.
Buh bye.
Hope the one by me goes out and is replaced by Academy! That'll be the only way I'll walk through those doors again!
Dicks will go the way of every retailer who turned their backs on hunters and gun owners. Bankruptcy.

Sears
Kmart
Sports authority
Hermans

They all stopped selling guns and hunting equipment, all went bankrupt.

It's a reflection on the management mindset, and pissing off half their customer base.

I'll never step foot in a Dicks, let alone spend a penny there.
Originally Posted by DiabloBlanco
Hope the one by me goes out and is replaced by Academy! That'll be the only way I'll walk through those doors again!

Academy here moved within 200 yards of a Dicks. Academy is doing very well.
Originally Posted by PaulBarnard
Originally Posted by Hastings
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.
Down another $2.08 per share in the pre market 2 minutes ago. It will eventually bump up a little like Sears did in the beginning of their demise.

They are in trouble and are blaming it on theft but I bet it goes deeper than that.
Eat a DICK,Jeff-o's favorite store!
Didn't Dicks own a hunting and fishing store chain for a while. I remember going in one just north of Pittsburg, area called Cranberry, and another in Charlottesville VA but for the life of me I cannot remember the name.
Originally Posted by hicountry
Dicks will go the way of every retailer who turned their backs on hunters and gun owners. Bankruptcy.

Sears
Kmart
Sports authority
Hermans

They all stopped selling guns and hunting equipment, all went bankrupt.

It's a reflection on the management mindset, and pissing off half their customer base.

I'll never step foot in a Dicks, let alone spend a penny there.

Target is another big box retailer that stopped selling guns and hunting gear, back in the late '80s, I think. They stopped selling toy guns (other than Nerf guns) in the '90s.

Target hasn't exactly been thriving the past couple years.

The decision to stop selling firearms by a national retailer generally doesn't affect the bottom line that much as far as profits from the product itself. But it does indicate there is a corporate culture focused on things other than customer satisfaction and profits.

Retailers generally don't do well if they don't focus on those two things.
Walmart still sells guns only because they don't want to alienate their customers. The overhead costs and floor space involved would be more profitable if devoted to other products.

But, flawed as Walmart is, the corporate board recognizes that many in their customer base would minimize their shopping time there if they "cancelled" gun sales.

They still understand they need customers to be profitable.
Originally Posted by PaulBarnard
[quote=Hastings]Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.[/quote]
I'm curious to why you think that will happen?
Others kept the fishing gear, no firearms or ammo at all. I will go to buy fishing stuff but that's it.
Originally Posted by TrueGrit
Originally Posted by PaulBarnard
[quote=Hastings]Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.[/quote]
I'm curious to why you think that will happen?
Maybe he thinks that because they are big into bicycles.

I think they are on the way out. They apparently cannot keep the customers and employees from taking the merchandise without paying for it.

And besides that they insulted the hunting crowd who is also the fishing crowd. It would not have hurt them to sell a few guns and scopes etcetera.

And if you want high end sports wear UPS will deliver it.

It might surprise the management to discover the employees are in league with whoever is making off with "free" stuff.
Went to Dick's a couple times when I was living in Wichita Ks. wasn't impressed don't like that store.
I would wager a lot of stolen Nike and Adidas shoes never make it to the showroom floor before finding their way onto ebay, via employee theft.

I'm waiting for high-end basketball shoes to start coming as microchipped, serialized pairs.
Posted By: RDW Re: Dick's Sporting Goods down 23% - 08/23/23
I went into a Dick's store in MO a number of years ago and have no clue why anyone would shop there, I saw very limited guns and hunting equipment, lots of clothes and not much else.
Originally Posted by RDW
I went into a Dick's store in MO a number of years ago and have no clue why anyone would shop there, I saw very limited guns and hunting equipment, lots of clothes and not much else.

Golf clubs. Lots of golf clubs.
Originally Posted by hotsoup
I hope dicks goes broke. I haven't darkened their door since they quit selling ARs. Piss on em.
AMEN BROTHER, dick's ain't scdt !!
Originally Posted by VaHunter
Didn't Dicks own a hunting and fishing store chain for a while. I remember going in one just north of Pittsburg, area called Cranberry, and another in Charlottesville VA but for the life of me I cannot remember the name.
You’re thinking of Field & Stream. They opened one in Altoona PA in 2014.
After Dicks refused to sell semiautos and ammunition, the same outfit opened a bunch of F&S alover NY, PA and MD.
I had a couple friends in the Altoona store. They had good deals on some things. I bought a Shield 9mm and a Ruger AR5.56,there, and some reloading stuff.
At their Grand Opening they had pallets of those Remington Golden Bullet buckets of .22 LR.
You recall how hard it was to find rimfire ammo at that time?
One of my friends said they had an agreement with Remington. They sold those 1400 round buckets at $60.00 at the opening I bought 2 and Penny got 2.
Later them buckets showed up at flea markets at $75 and I believe Grice had them at that price too, supposedly with the F&S stickers on them!
But anyway, F8S sold those ARs and things that like hotcakes, while hypocritical Dicks wouldn’t. And while they’re selling them under a second name, they were lobbying for stricter gun laws! Can you imagine that level of hypocrisy? mad
When they quit selling ARs , my friends both walked out. I stopped in once to give my rewards card to a manager and told them I’d never spend another Nickel there.
Shortly after that they announced that they had destroyed 5 million dollars worth of AR platform rifles. Bullschit. NOBODY takes a 5 million loss for virtu signaling, but evidently the new target shoppers of yuppie hikers and soccer moms did.
7mm
Down $4.60 per share on the open. Paul: you might want to jump in.
I think I will put every asset I have into Dick's at this point. Hell, I may take a second mortgage out and put that money into it.
Those cucks don’t even sell rifle cases . I think they have Yeti though. Don’t worry .
I'm not going to boycott Dicks. They've always sucked and I've never bought anything from them. They don't deserve my anger.
Ours even stopped selling fishing stuff, cant even go in and buy some line or rubber worms in a pinch.

I've gone in a little since my sons started golfing. pretty good proshop at the one by the house. Had a driver cut down and regripped for maybe 20 bucks. Nowhere else around my parts that do this.
Originally Posted by Hastings
Originally Posted by PaulBarnard
Originally Posted by Hastings
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.
Down another $2.08 per share in the pre market 2 minutes ago. It will eventually bump up a little like Sears did in the beginning of their demise.

They are in trouble and are blaming it on theft but I bet it goes deeper than that.
Good for them. They are controlled by democrats and either way, its their own fault. Pissed off their major customer base when they went anti-gun and keep throwing money to the dems who love crime and chaos everywhere. Fugg em. I can only hope they end up buried
Originally Posted by killerv
Ours even stopped selling fishing stuff, cant even go in and buy some line or rubber worms in a pinch.

I've gone in a little since my sons started golfing. pretty good proshop at the one by the house. Had a driver cut down and regripped for maybe 20 bucks. Nowhere else around my parts that do this.
So, you like dicks.


Sorry couldn’t resist. 😁
Dick's and Field and Stream, can eat s hit and die. They have nothing you can't get elsewhere!
Are the Field & Stream stores still open anywhere? The Altoona F&S switched to Sportsmans Warehouse a couple years ago or more.
I stop every time I’m in the area, always got my eyes peeled for primers and other reloading components.
I never did care for Dick’s even before they got woke. Their guns and ammo weren’t any cheaper than the LGS anyway, and the locals call me by name when I stop. It’s nice to have a personal connection, and we all believe in the Second Amendment as a personal liberty, something Dicks and F&S never seemed to believe.
When I first started dating Penny, factory 150 grains in .308 were really hard to find.
I roll my own, but she wanted Remington Corelocks and on a hunch we stopped at Dicks in Altoona.
By stroke of luck they had some, and she bought 2 boxes.
What happened next made me never wanna go back!
She had to produce some form of ID with citizenship to complete the sale! mad
WTF??? Anyplace else, you paid cash and walked out the door with your amino!
Like I said though, when F&S went in, I was pretty hopeful they’d do well, because at first they were well stocked with ammo and reloading supplies. It’s nice to be able to buy stuff locally with cash, my preferred method of buying that kind of stuff.
I have no doubt that big brother has a big database tracking who’s buying what.
But after about six months their selection started drying up, and more and more shelves were converted to yuppie outdoor clothing, shoes and camping supplies.
I spoke yo the store manager about it. I had seen this very same thing happen in Johnstown when Gander Mountain came in. They forced the LGSes out of business, then The selection dried up! mad
It took me a while to learn what we all shouldv known all along.
You’re way better off in the long run dealing with the people that know you!
7mm
Years ago I did good shopping at Dick's on Black Friday sales. Still have a few shotguns and 100's of rounds of military surplus 00 buckshot I bought there. I don't see a reason to go back if they don't sell ammo or guns.
[Linked Image]
Posted By: EdM Re: Dick's Sporting Goods down 23% - 08/24/23
Originally Posted by The_Real_Hawkeye
[Linked Image]

Did you click my link from yesterday?
Good news Paul, Dick's is up 0.48% on the pre market this morning and is only down 25.56% for the week. Might be your buying opportunity.
RAM: Another of my personal boycotts that seems to be working and getting the attention of the dimwits running those boycotted entities.
My n.f.l. boycott is not doing as well.
Hold into the wind
VarmintGuy
I went into a Dicks one time. Just one time!
You guys have nailed it. Dick's, whiich started (like LL Bean) as a hunting/fishing outlet has become an apparel store, with a few sports related balls thrown in (baseball, soccer, basketball, football. The place for moms to buy uniforms and shoes for the kids, a Little League baseball bat or soccor cones. The founders of both stores are rolling in their graves.
Originally Posted by DonFischer
I went into a Dicks one time. Just one time!

Back in college during your "experimental" phase?
Originally Posted by centershot
I have not been in the local one since they quit selling guns and ammo. Couldn't care less if they go the way of Bud Light.

Same.
Hope they wither on the vine, the scumbags.
Used to shop Galyans.
Dicks never was good, even when they had ARs.
Cabelas sucks now.
Academy or Sportsmans Warehouse it is.
Originally Posted by VarmintGuy
RAM: Another of my personal boycotts that seems to be working and getting the attention of the dimwits running those boycotted entities.
My n.f.l. boycott is not doing as well.
Hold into the wind
VarmintGuy

When was the last time you darkened Dicks door?
"Boycotting Dicks?" If that announcement comes with her speaking of so-called "wonderful intellectual friendship morphed"... Best just 'zip up' & move on!

Anonymous... smile smile smile
Originally Posted by VarmintGuy
RAM: Another of my personal boycotts that seems to be working and getting the attention of the dimwits running those boycotted entities.
My n.f.l. boycott is not doing as well.
Hold into the wind
VarmintGuy

There isn't a Dick's store within 300 miles of your dumb old azz. So, again you are boycotting something you never used. LOL
Dick's opened a store here close to 15 years back. During the grand opening sale I asked, "where are the trapping supplies"? Blank look back on my question and haven't set foot in one of those stores since.
"Boycotting Dicks?" If that announcement comes with her speaking of so-called " wonderful intellectual friendship morphed"... Best just 'zip up' & move on!

Anonymous... smile smile smile
Dick’s Sporting Goods?

They mean condoms?
Originally Posted by DigitalDan
Dick’s Sporting Goods?

They mean condoms?

One Size Fits All
In the 70’s and 80’s used to stop at Dick’s on Court St. in Binghamton to buy a non-resident hunting license when heading up to the Adirondack’s.
Originally Posted by losttrail60
Originally Posted by VarmintGuy
RAM: Another of my personal boycotts that seems to be working and getting the attention of the dimwits running those boycotted entities.
My n.f.l. boycott is not doing as well.
Hold into the wind
VarmintGuy

There isn't a Dick's store within 300 miles of your dumb old azz. So, again you are boycotting something you never used. LOL


When you read "dicks" on this thread you immediately thought it was about little boys' penis. Gianforte didn't kick out all of the child phugers out of Montana yet I see
I hope they go to zero. The only thing they ever got right was their name.

Bb
Originally Posted by PaulBarnard
Originally Posted by Hastings
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.

If I had bought 1000 shares of Dick's Stock the day after it tumbled, I'd be up $5000 right now. Let's check back in a year.
Originally Posted by PaulBarnard
Originally Posted by PaulBarnard
Originally Posted by Hastings
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.

If I had bought 1000 shares of Dick's Stock the day after it tumbled, I'd be up $5000 right now. Let's check back in a year.

OK...

$116.32 is your marker...

[Linked Image from i.postimg.cc]

I will call under $100...
My youngest brother has worked at a Dick's distribution center/warehouse for years. He is a dept. supervisor and makes a good living. He just bought a house so I hope for his sake Dick's doesn't go out of business.
Don't go to Dicks since they stopped selling AR's, one year for Christmas some idiot got me a Dick's gift card, well went in to use the cards of fishing stuff, [bleep] they stop selling that, so just picked up two Gerber machetes, went to check out and the dip [bleep] cashier asked me if I was going to chop people's heads off. That pissed me off so at te top of my lungs I yelled Where's the f u c kig manger, Manger ran to me told him what his worker said to me a demanded the gift card in cash and said I will never step foot in this dam store again
Originally Posted by steveredd1
That pissed me off so at te top of my lungs I yelled Where's the f u c kig manger

I really hope this is a true story.
The most appropriately named company in history.
Away…in a manger…no crib for a bed
Originally Posted by steveredd1
Don't go to Dicks since they stopped selling AR's, one year for Christmas some idiot got me a Dick's gift card, well went in to use the cards of fishing stuff, [bleep] they stop selling that, so just picked up two Gerber machetes, went to check out and the dip [bleep] cashier asked me if I was going to chop people's heads off. That pissed me off so at te top of my lungs I yelled Where's the f u c kig manger, Manger ran to me told him what his worker said to me a demanded the gift card in cash and said I will never step foot in this dam store again

Seems rational.
Originally Posted by Stickfight
Originally Posted by steveredd1
That pissed me off so at te top of my lungs I yelled Where's the f u c kig manger

I really hope this is a true story.


True as Biden is the worst president in US history, FJB
Originally Posted by HoosierHawk
Originally Posted by PaulBarnard
Dicks doesn't care what a bunch of angry old men on a gun forum think.

https://www.macrotrends.net/stocks/charts/DKS/dicks-sporting-goods/revenue

Revenue without profit data is next to meaningless.

When GM declared bankruptcy, it was one of the 20 largest companies in the USA in terms of revenue. But it burned through about $3 billion in cash reserves the last five months of its existence, due to GMAC financing's woes with the housing bubble.

I've no idea what Dick's profitability is, and don't really care. They bought Galyans (started in and HQ'ed in Indianapolis) in 2004. Soon, the former Galyans stores they kept open shifted from hunting/fishing/camping with some athletic gear to athletic gear with some hunting/fishing/camping gear, and no handguns. As time went on, the outdoors inventory shrank, and the athletic gear grew.

I haven't set foot in one since about 2007.

Damn shame, Galyans always had the best price on firearms and friendly staffers. It was a great alternative to Cabela's or Bass Pro. It was kind of the midwest's version of Scheels.

I helped manage a sporting goods store in the late 1970s and into the 1980s. Guns and ammo are losers, profit wise. The profit is in the clothing and footware. Dick's profit margin is probably much higher now.

That said, fugg Dick's and their split-tail CEO.
Originally Posted by steveredd1
Don't go to Dicks since they stopped selling AR's, one year for Christmas some idiot got me a Dick's gift card, well went in to use the cards of fishing stuff, [bleep] they stop selling that, so just picked up two Gerber machetes, went to check out and the dip [bleep] cashier asked me if I was going to chop people's heads off. That pissed me off so at te top of my lungs I yelled Where's the f u c kig manger, Manger ran to me told him what his worker said to me a demanded the gift card in cash and said I will never step foot in this dam store again

No you didn't
Originally Posted by CashisKing
Originally Posted by PaulBarnard
Originally Posted by PaulBarnard
Originally Posted by Hastings
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.

If I had bought 1000 shares of Dick's Stock the day after it tumbled, I'd be up $5000 right now. Let's check back in a year.

OK...

$116.32 is your marker...

[Linked Image from i.postimg.cc]

I will call under $100...



https://www.marketwatch.com/investing/stock/dks
The paulbarnyard indicator....

Dicks is a great shorting opportunity.

Their earnings are smoke and mirrors, as is their excuses.

I stand by my previous post...they will eventually go bankrupt.
Originally Posted by hicountry
The paulbarnyard indicator....

Dicks is a great shorting opportunity.

Their earnings are smoke and mirrors, as is their excuses.

I stand by my previous post...they will eventually go bankrupt.

Maybe so.

But they’ll “reconfigure” stores to meet “their market”

Dicks’ used to have a half a$$ decent fishing section.

Last time i went into a store the entire outdoors ( hunting / fishing ) department was gone.

The Field ans Stream store in Hoover / B’ham AL is now a Dicks closest out / clearance store…

Full of Nike , under Armour , north face type stuff
Fug un, They are nothing but a big shoe store now. Soon to be out of business.
Nothing better then a limp Dick it will eventually dry up and completely die!
The Field and Stream side (and the media company) has been sold to some bro-country artists.

https://www.billboard.com/business/...field-stream-brand-investors-1235589114/
This place isn’t exactly Dicks target audience unless you are athletic, have kids in youth sports, or carry a Stanley insulated cup.
They kid factor won't help, I don't think, unless the dimocommies start letting dimocraps buy sports apparel with food stamps, which isn't beyond their realm of insanity.
Youth sports is a 38 billion dollar industry in the USA. And kids grow and need new clothes/shoes/cleats/gear every year.

Adult fitness industry is an 87 billion dollar industry and growing every year.


Sorry Jag, but your fantasy doesn’t meet up with reality and the stock price proves that.
I’d go ahead and sell now.
WTF would patronize or support Dicks?
Folks better start paying attention.
Originally Posted by LRoyJetson
WTF would patronize or support Dicks?
Folks better start paying attention.

Soccer moms.

Johnny needs a new baseball bat for tee ball…

No clue what to get, finds the first green shirt she sees… need a t ball bat…

Sure thing…,top of the line. He’ll be in the mlb in no time!

🤜🏻🤛🏿
I wondered who and why would be resuscitate a tired 4 or 5 month old thread
Originally Posted by Mannlicher
I wondered who and why would be resuscitate a tired 4 or 5 month old thread

Paul pulled it up to show how wrong the predictions were.
It would be funny to create a small portfolio of companies that conventional wisdom at 24HCF says are going to collapse.
Originally Posted by Stickfight
It would be funny to create a small portfolio of companies that conventional wisdom at 24HCF says are going to collapse.

Probably outperform the market

😂
Originally Posted by LRoyJetson
WTF would patronize or support Dicks?
Folks better start paying attention.
The same ones who adore the BlackLivesMatterNFL.
Originally Posted by hotsoup
I hope dicks goes broke. I haven't darkened their door since they quit selling ARs. Piss on em.
Yup, Broke Dick.
The one by me is connected to the mall. Easiest entry to the mall is to go thru the Dick's store.

Damn thing is always busy as hell between the golf dept and shoe dept.
Originally Posted by hicountry
Dicks is a great shorting opportunity.

What is your short position?
$crew Dicks. They went woke, now they can go broke!
The sooner the better.
Posted By: EdM Re: Dick's Sporting Goods down 23% - 01/28/24
Originally Posted by Calvin
Originally Posted by Stickfight
It would be funny to create a small portfolio of companies that conventional wisdom at 24HCF says are going to collapse.

Probably outperform the market

😂

Still waiting for the market to hit 14000 so I can get back in.
Originally Posted by Mannlicher
I wondered who and why would be resuscitate a tired 4 or 5 month old thread

I'd be up $40,000 if I had bought 1000 shares while our membership was certain tumble had doomed Dicks. I said their stock would rebound and it did.
Originally Posted by PaulBarnard
Originally Posted by Mannlicher
I wondered who and why would be resuscitate a tired 4 or 5 month old thread

I'd be up $40,000 if I had bought 1000 shares while our membership was certain tumble had doomed Dicks. I said their stock would rebound and it did.

I still wouldn't invest nor spend a penny there.
Fuqk dicks
Originally Posted by EdM
Originally Posted by Calvin
Originally Posted by Stickfight
It would be funny to create a small portfolio of companies that conventional wisdom at 24HCF says are going to collapse.

Probably outperform the market

😂

Still waiting for the market to hit 14000 so I can get back in.

Yeah, the Crash Bros on here have been having a rough decade.
Originally Posted by LRoyJetson
Originally Posted by PaulBarnard
Originally Posted by Mannlicher
I wondered who and why would be resuscitate a tired 4 or 5 month old thread

I'd be up $40,000 if I had bought 1000 shares while our membership was certain tumble had doomed Dicks. I said their stock would rebound and it did.

I still wouldn't invest nor spend a penny there.

I wouldn't either. It's best not to let emotions drive investment decisions though.
Originally Posted by EdM
Originally Posted by Calvin
Originally Posted by Stickfight
It would be funny to create a small portfolio of companies that conventional wisdom at 24HCF says are going to collapse.

Probably outperform the market

😂

Still waiting for the market to hit 14000 so I can get back in.

I was told 12,000 when the Dow was at 28,000ish the not too long ago. I didn't wait nor take the bait.
Good
Originally Posted by EdM
Still waiting for the market to hit 14000 so I can get back in.

You must be an optimist. jag's holding out for 3000.

Originally Posted by jaguartx
Dow 3000

https://www.24hourcampfire.com/ubbt...r-to-get-back-in-the-market#Post17350604
Posted By: EdM Re: Dick's Sporting Goods down 23% - 01/28/24
Originally Posted by Rangersedge
Good

Huh?
Even when they sold firearms…and what is that now 10 fuq years ago?????? ???????

Even then what were the chances of the 79year old FUDDDDDDDS even going in there?

Do you shop for kayaks, pro paddle gear, athletic footwear? Golf gear, technical sportswear?

No, because you don’t visit Big Box stores, your thighs rub together and your feet hurt too bad.
Originally Posted by PaulBarnard
Originally Posted by LRoyJetson
Originally Posted by PaulBarnard
Originally Posted by Mannlicher
I wondered who and why would be resuscitate a tired 4 or 5 month old thread

I'd be up $40,000 if I had bought 1000 shares while our membership was certain tumble had doomed Dicks. I said their stock would rebound and it did.

I still wouldn't invest nor spend a penny there.

I wouldn't either. It's best not to let emotions drive investment decisions though.

Investments aren't always about money.

At least for me.
Posted By: EdM Re: Dick's Sporting Goods down 23% - 01/29/24
Originally Posted by LRoyJetson
Originally Posted by PaulBarnard
Originally Posted by LRoyJetson
Originally Posted by PaulBarnard
Originally Posted by Mannlicher
I wondered who and why would be resuscitate a tired 4 or 5 month old thread

I'd be up $40,000 if I had bought 1000 shares while our membership was certain tumble had doomed Dicks. I said their stock would rebound and it did.

I still wouldn't invest nor spend a penny there.

I wouldn't either. It's best not to let emotions drive investment decisions though.

Investments aren't always about money.

At least for me.

We run different which is OK by me.
I went into the local one last year and I knew that they had gotten rid of the guns and hunting so I asked them where the fishing department was, they said we don’t do that. I said, so you sell shoes, clothing that only a Russian oligarch would wear and golf clubs….great you’ll be closed within a couple years. GI Joes, big 5, sports authority, etc etc all followed the same pattern.

If 100% of the local population played golf they still don’t have a viable market. 😂. Buhbye…dipshits.
Posted By: EdM Re: Dick's Sporting Goods down 23% - 01/29/24
It's in the numbers...
Originally Posted by LRoyJetson
Originally Posted by PaulBarnard
Originally Posted by LRoyJetson
Originally Posted by PaulBarnard
Originally Posted by Mannlicher
I wondered who and why would be resuscitate a tired 4 or 5 month old thread

I'd be up $40,000 if I had bought 1000 shares while our membership was certain tumble had doomed Dicks. I said their stock would rebound and it did.

I still wouldn't invest nor spend a penny there.

I wouldn't either. It's best not to let emotions drive investment decisions though.

Investments aren't always about money.

At least for me.

Unless you are buying IPO shares or secondary offering shares issued by the company, you are not giving money to a company when you buy its stock. You are merely buying a secondhand share of stock on a public exchange from somebody who already owns it. It’s no different than people buying only used S&Ws or Rugers off the table at gun shows because they don’t like S&W and Ruger because they think those companies sold out to Clinton. If one’s hands can be clean doing that, they can be equally clean buying “used” shares of stock that they believe will pay dividends and/or appreciate. They don’t have to shop there or even darken it’s doors. Theoretically, if the stock pays dividends (DKS current yield 2.61%), they are diverting money from their enemy.

I don’t own any DKS, BTW. Just adding some things to consider. Carry on.
Dick’s in Easton, PA has a pretty big hunting and fishing section. I used to go there a lot, especially on Black Friday and after Christmas. They used to sell hunting clothing 50% off. Bought a Browning Silver camo waterfowl gun $300 off because it was in the rack. They used to have great ammo sales. Haven’t been there in awhile.
Originally Posted by Sako76
Dick’s in Easton, PA has a pretty big hunting and fishing section. I used to go there a lot, especially on Black Friday and after Christmas. They used to sell hunting clothing 50% off. Bought a Browning Silver camo waterfowl gun $300 off because it was in the rack. They used to have great ammo sales. Haven’t been there in awhile.


I used to go to Dicks with the rebates and coupons and gift cards for ammo and clearance gun stuff. CLothes. Zero Dicks that I have seen carry any guns or ammo anymore. CLothing yes, but I dont $$ them. I do go to Dicks Warehouse clearance store for the running shoe deals. My kids do XC and track and the shoes get $$ so 50-60% off is enough for me to swallow a little pride.
Originally Posted by CashisKing
Originally Posted by PaulBarnard
Originally Posted by PaulBarnard
Originally Posted by Hastings
Mr. Paul: The stock holders lost 1/4 of their money today. Well over 2 billion dollars. Down $35.51 today, regained 51 cents in the after market.

That's why I think now is the time to buy. Perhaps give it another day or two to see if it finds a deeper bottom. Dick's long term performance has been solid. It'll rebound.

If I had bought 1000 shares of Dick's Stock the day after it tumbled, I'd be up $5000 right now. Let's check back in a year.

OK...

$116.32 is your marker...

[Linked Image from i.postimg.cc]

I will call under $100...

Looks like a was very wrong... again.

[Linked Image from i.postimg.cc]
Originally Posted by CashisKing
Looks like a was very wrong... again.

On the bright side maybe your investing talent is calling the absolute bottom, unintentionally.
Originally Posted by Cheyenne
Unless you are buying IPO shares or secondary offering shares issued by the company, you are not giving money to a company when you buy its stock.

While this is true, the aggregate demand for a company's stock determines price and price determines market capitalization. Market Cap isn't cash in hand but it does affect the ability to take (((loans))), the rates they get, opportunity to buy other companies, etc. With modern leverage being where it is a company inclined to use it can do a lot with only a little increase.

I'm not an activist investor but there are a handful of things I avoid even if I think there is money to be made. Selling guns or not is not one of them.
Dick's closed at $153 Friday. It sold at $101 in October. Wish I had listened to Paul.

Looks like BUD stock is recovering nicely also. Up almost $10 from its low in October. I saw a redneck fisherman putting Bud Light in his cooler outside a country bait shop the other day.

Looks like all has been forgiven.
Ours doesn't even have fishing gear anymore, removed it all.
I could care less if Dicks fell off the face of the earth.

Last time I went into the one over in Medford, I walked around for 5 minutes and left...

Cheap low quality crap, with a spendy price tag on it.

The world would be better off if they all just burnt down one night, all in the same night nationwide.
Posted By: EdM Re: Dick's Sporting Goods down 23% - 01/29/24
Given the stock price apparently a lot of folks shop at Dicks...
Originally Posted by Seafire
I could care less if Dicks fell off the face of the earth.

Last time I went into the one over in Medford, I walked around for 5 minutes and left...

Cheap low quality crap, with a spendy price tag on it.

The world would be better off if they all just burnt down one night, all in the same night nationwide.
I did a walk through of the same store about a month ago...the only thing vaguely outdoor was some smoker grills...the rest was all artificial fiber plastic clothing with stylish logos. No customers, I don't know how they hang on considering what the lease must cost.
Originally Posted by Stickfight
Originally Posted by Cheyenne
Unless you are buying IPO shares or secondary offering shares issued by the company, you are not giving money to a company when you buy its stock.

While this is true, the aggregate demand for a company's stock determines price and price determines market capitalization. Market Cap isn't cash in hand but it does affect the ability to take (((loans))), the rates they get, opportunity to buy other companies, etc. With modern leverage being where it is a company inclined to use it can do a lot with only a little increase.

That’s a valid point, and one could dig into the financials to see if that could be correct on a case by case basis. It also raises another point. How far does someone go to preserve purity? Most people who own index funds or broad-based ETFs (me included, in retrospect) probably own some Dick’s whether they want to or not. Some people are forced to have Blackrock running their 401(K)s/457s whether they like it or not. I don’t like the thought of investing in anything that benefits China, yet the Tesla and Apple shares held individually and/or in ETFs/index funds are heavily invested in China, and a LOT of people who feel the same way shop at Walmart and support the Chinese economy because the prices are cheaper. On the flip side, some people won’t own an AR15 because they think it represents blood on their hands, while the people on this forum, me included, feel no connection whatsoever between criminal misuse and their ownership of an AR15. Somebody earlier mentioned switching to Brooks running shoes instead of those sold by Dick’s. Well, someone might be offended by that because Brooks is owned by Berkshire Hathaway, and some here don’t like Warren Buffett because he supported Obama, among other things.

There also is a tendency for some people on 24HCF to conflate their personal views about something in their investing thesis. They think Dick’s will fail because it pulled guns off the shelves and became a variety store for soccer moms. I went into a Dick’s to exchange a Christmas gift and was not impressed. It was hard to find something I liked enough to exchange. (Too bad the gift wasn’t from Scheels.) Well, it turns out that there is a huge market for the product mix that they sell. I don’t understand why anyone would want to wear yoga pants or eat burrito bowls (how is that even a thing?), which is why I don’t own any highly successful Lululemon or Chipotle. It took a while for it to sink in that people are stupid enough to repeatedly pay a fortune on fru-fru coffee even in times of high inflation and price increases, so I did wind up with a little Starbucks even though I don’t buy the products.

Anyway, the point of this ramble is to say that: (1) it’s complicated; (2) many are not as pure as they think they are, whether intentionally or not; and (3) companies frequently do not fail or succeed for the reasons our personal beliefs tell us.

Originally Posted by Stickfight
It would be funny to create a small portfolio of companies that conventional wisdom at 24HCF says are going to collapse.

That’s funny. Like the anti-Cramer ETF, which isn’t doing too well.
They were terrible even when they sold guns. Once got some scopes from them online. They were supposed to be new but haf ring marks and where in the wrong boxes. It was a nightmare getting it resolved. I came away thinking the names was appropriate and they were also a bunch of crooks. When I realized they were a bunch of democrats it started to make sense.

Bb
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