Big Lots Stock Discussion

$Big Lots (BIGGQ.US)$ Then big shit will go  Chapter 7. Bad and Fair ending. I like it more than being robbed. Actually Nexus cannot get rid of deal like regular buying out, just pay break up fee and walk away. Anyway, if big shit managers lied, Nexus will nail them.
We might end of with some money if Chapter 7 liquidation. They have 1.9 billion net PP&E plus 1.4 to 1.5 billion depreciation. Those stores might sell way better in auction than book value.

$Big Lots (BIGGQ.US)$ i cant buy 😑

$Big Lots (BIGGQ.US)$ Volume is cratering. When daily volumes drop under 100,000 the shares will really bounce around - like a Raquetball until Ch 7 and shares are cancelled and it goes Private - a website only like Sears.

$Big Lots (BIGGQ.US)$ You shall not trade because (possible) ownership is not recognized by court. Except you are shorter or fund manager. Also cannot claim worthlessness to broker for deduction.
That reads: 1) sitting duck just wait for bad news. 2) Judge smells the purchase agreement is deemed unfair and one might  severely benifit from buying common shares or severly losing money. (pretty rare to see such order). 3)However large shareholders won’t l...

$Big Lots (BIGGQ.US)$
BLACK FRIDAY IS EVERY FRIDAY AT BIG LOTS NOW THROUGH DEC. 6
Big Lots (NYSE: BIG) has announced the return of its 'Black Friday Fridays' event, offering Black Friday-level sales every Friday through Dec. 6. The event kicks off on Friday, Sept. 13, with 50% off all Halloween décor. Each week will feature special one-day deals on various product categories, with discounts up to 50% off.
This initiative comes after Big Lots acquired a significant Halloween closeout, valued a...

$Big Lots (BIGGQ.US)$ $167.4 m impairment = 5.5 per share, so make sure equity holders are wipped out. Pure evil. You need to both unwind asset and liability. Cannot keep liability but just writing off asset. You can do it for tax defering but not meaning losing money.
So, it is intentional taking over plot because stupid heirs are too stupid to control the company. In such case the 2.5 m cash buying out payment can also be swallowed by evil management as we...