08-31-2023, 12:39 PM
(08-31-2023, 07:35 AM)stockguru Wrote: DG down $29 pre market. The once darling of retail is no more. I own but also had puts on the downside just in case. So basically a wash now lol
I should have known not to own any retail in this environment. If DG is in trouble think about the rest in the industry.
I will scatter through my list of retailers and see what I can short
Adding to UTES at the moment. Good time to add
while there all near the lows.
No more DG for me. The stores are trashy and they have 1 person working there lol. Stock was bound to get hit. They pay minimum wage and management is clueless how to run their stores. Why shop there when you can get better buys at Walmart. Not to mention the company is full of debt. I wont even buy at these levels. I will revisit when it gets to $100.