124gr9mm 857 Posted January 10, 2019 Boo, hoo, hoo. Looks like jumping on the anti-gun bandwagon isn't paying off for Dick's With sales falling after the implementation of corporate gun control Dick’s Sporting Goods may have to close 35 stores across 18 states. https://www.breitbart.com/politics/2018/12/11/corporate-gun-control-fail-dicks-may-close-35-stores-across-18-states/?fbclid=IwAR2bnzHx00pZlmhci_sfAFbFs0Wo-U-DRiu1iDXLjkl0jBto7i8ewFSFX2Q 1 Quote Share this post Link to post Share on other sites
Scorpio64 5,120 Posted January 10, 2019 Dick's just moved into a West Longbranch location where a Sports Authority failed. Good business plan. I give it a year before it goes tits up. 2 Quote Share this post Link to post Share on other sites
WP22 1,558 Posted January 10, 2019 I'm all out of tears to shed. Quote Share this post Link to post Share on other sites
10X 3,278 Posted January 10, 2019 Stupid should hurt. I guess it is starting to in this case. I only feel bad for the affected employees and any shareholders who aren’t aware of the CEO’s actions that lead to this. Quote Share this post Link to post Share on other sites
Scorpio64 5,120 Posted January 10, 2019 I wish I knew how to do stock trading. I'd buy a bunch of Dicks and short it. I dunno how people make money off companies that fail, but Dicks would be a good test run to try it out. Quote Share this post Link to post Share on other sites
Krdshrk 3,872 Posted January 10, 2019 43 minutes ago, Scorpio64 said: I wish I knew how to do stock trading. I'd buy a bunch of Dicks and short it. I dunno how people make money off companies that fail, but Dicks would be a good test run to try it out. https://www.dummies.com/personal-finance/investing/online-investing/how-to-sell-stock-short-2/ Quote Share this post Link to post Share on other sites
GunsnFreedom 245 Posted January 10, 2019 1 hour ago, Scorpio64 said: I wish I knew how to do stock trading. I'd buy a bunch of Dicks and short it. I dunno how people make money off companies that fail, but Dicks would be a good test run to try it out. You don't buy stock to short, you sell it without owning it. You would need to open an account with a brokerage firm, sign a bunch of documents and keep other assets (usually other very safe stocks) as collateral. Quote Share this post Link to post Share on other sites
NJSigfan 218 Posted January 10, 2019 good...eff them! There was a time that I was spending 100's per month between soccer cleats, sneakers and other random sports needs. Now we buy local or via zappos/amazon. Quote Share this post Link to post Share on other sites
10X 3,278 Posted January 10, 2019 23 minutes ago, GunsnFreedom said: You don't buy stock to short, you sell it without owning it. You would need to open an account with a brokerage firm, sign a bunch of documents and keep other assets (usually other very safe stocks) as collateral. It also works best if you move very quickly when bad news is announced. The store closings were announced a month ago, and a nice slide in stock price followed for about two weeks. It has rebounded a little since then. Quote Share this post Link to post Share on other sites
njJoniGuy 2,129 Posted January 10, 2019 Hasta la vista, you Dicks! Quote Share this post Link to post Share on other sites
345Sire 158 Posted January 10, 2019 5 hours ago, 124gr9mm said: Boo, hoo, hoo. Looks like jumping on the anti-gun bandwagon isn't paying off for Dick's With sales falling after the implementation of corporate gun control Dick’s Sporting Goods may have to close 35 stores across 18 states. https://www.breitbart.com/politics/2018/12/11/corporate-gun-control-fail-dicks-may-close-35-stores-across-18-states/?fbclid=IwAR2bnzHx00pZlmhci_sfAFbFs0Wo-U-DRiu1iDXLjkl0jBto7i8ewFSFX2Q Couldn't happen to a (koff koff) nicer outfit. Like someone else mentioned, my only sympathy lies with the employees. Quote Share this post Link to post Share on other sites
Handyman 5,682 Posted January 10, 2019 Eff 'em. I'd maybe show up for the going out of business sale, but that's the only time i'd step foot in a (limp) Dick's. 1 Quote Share this post Link to post Share on other sites
Krdshrk 3,872 Posted January 10, 2019 20 minutes ago, Handyman said: Eff 'em. I'd maybe show up for the going out of business sale, but that's the only time i'd step foot in a (limp) Dick's. Yup. I'll get some nice fishing and boating equipment cheap. 1 Quote Share this post Link to post Share on other sites
45Doll 5,848 Posted August 23, 2023 Four and a half years later... Dick's Sporting Goods reports eye-popping profit crash due to 'organized retail theft': 'Quite alarming' - TheBlaze 3 Quote Share this post Link to post Share on other sites
njJoniGuy 2,129 Posted August 23, 2023 Couldn't happen to a more deserving company! Remember, Dick's are dicks. 1 Quote Share this post Link to post Share on other sites
Displaced Texan 11,654 Posted August 24, 2023 They are still in business? Quote Share this post Link to post Share on other sites
mustang69 503 Posted August 24, 2023 No company was more appropriately named... Quote Share this post Link to post Share on other sites
brucin 918 Posted August 24, 2023 My sad face. 1 Quote Share this post Link to post Share on other sites
Bomber 1,089 Posted August 25, 2023 On 1/10/2019 at 11:54 AM, Scorpio64 said: Dick's just moved into a West Longbranch location where a Sports Authority failed. Sports Authority also sold firearms at one time hand guns and long guns.. Then they didn't and now they're gone. Quote Share this post Link to post Share on other sites
jm1827 284 Posted August 25, 2023 On 1/10/2019 at 2:16 PM, NJSigfan said: good...eff them! There was a time that I was spending 100's per month between soccer cleats, sneakers and other random sports needs. Now we buy local or via zappos/amazon. Same here. Had three kids who all played high school and college sports. We found alternate sources and diverted close to a couple thousand $$$ a year to other sources! 1 Quote Share this post Link to post Share on other sites
Handyman 5,682 Posted August 27, 2023 On 8/23/2023 at 10:38 AM, 45Doll said: Four and a half years later... Dick's Sporting Goods reports eye-popping profit crash due to 'organized retail theft': 'Quite alarming' - TheBlaze I call BS. It's not due to theft, it's an excuse for mismanagement. 2 Quote Share this post Link to post Share on other sites
mjrfd99 88 Posted August 31, 2023 Watching Dicks die is GREAT. Only cory booker and petey buttgig still like Dicks. Quote Share this post Link to post Share on other sites