BGS trade ideas
I have a feeling your going to want to buy down hereAmazing support, solid company heading into earnings Oct 30th with large short interest and bullish divergence, this one is a no brainer.
BGS WedgieBGS has a nice wedgie going, not sure if it breaks out, but I expect it to hit the trendline, maybe bust out next earnings.
Revenue and profits declined from last year, but they reaffirmed guidance and pay crap loads of dividends.
Sometime it helps to watch AH action, it went red and bounced back last night, loaded the boat while it was still in the red this morning. Shorts are gonna cover on this reversal.
Short BGS with big short ratioBefore trade
Write sometning about your psyhology thinking before trade? good psyhology I think I am on the right path again and I hope this is not my ego talking
Describe the trade. What you see? only concern is hevely shorted stock, hope with a good reson. it is a play between support and resistance
Write why you want to enter the trade in this point? resistance
Big pictrue of fundamental analysis and technical analysis. last cycle is in synch
After trade
What have I done well for this trade? enter trade was excelent
What can I take away to help with later trades? that you could be aware that you were enter the trade because of the short squeeze. When you are doing a trailin stop leve a littel bit more spase for stock
BGS at SupportBGS beat last quarter, high dividends, still getting punished.
I expect a rally here into earnings as shorts cover.
Nov calls.
B&G Foods announces public offering of senior notesB&G Foods (BGS -0.3%) intends to offer $450M of senior notes due 2027.
B&G Foods intends to use the proceeds of the offering, together with the proceeds of borrowings under B&G Foods’ proposed first lien senior secured term loan facility, to redeem all of B&G Foods’ outstanding 4.625% senior notes due 2021, repay a portion of B&G Foods’ borrowings under its revolving credit facility and pay related fees and expenses.
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BGS Short SqueezeBetter than expected earnings, 10% dividend, and positive divergence.
Expecting similar action to Kellogd today.
Time to buy? Or wait for the merger?BGS has great financials and to top it off, they offer a 7% dividend yield. What stops you from buying? Any cons to this?
Hershey to Acquire Pirate Brands From B&G FoodsBGS: B&G Foods, Inc.
2018-09-12 18:00:00
Hershey to Acquire Pirate Brands From B&G Foods
I Fought The Criminals To The BottomI "Loaded Up" on BGS
Watching for beginning of Gap Fill @ $30.55
In the mean time, I can enjoy the Dividend.
bullish on support and resistanceAs it seen there is a strong support in dowside, suggesting to speculate in up direction.
Well SupportedA better support is hardly to be found. Trendline 2 sliding and 1 falling channels are supporting at this level.
"Trade what you see not what you think" Bullish Sentiment The trade
1.Support Valid Resistance Broken
2.Weekly trend line broken breached (Major validation)
3.Opposing level breached by Bulls (Major validation)
4.Profit margin 1:2 (minimum)
