Apple (AAPL) made headlines recently for continuing to post strong numbers even amidst the COVID-19 pandemic. The company also announced that its Board of Directors approved a four-for-one stock split. So what does this mean? You might be under the impression that a stock split is a move utilized for companies that are in financial … Continue reading What is the Difference Between a Stock Split and Reverse Stock Split?
Mercari, the Japanese selling app started in February 2013, is an easy, fun and fast way to buy and sell goods. It's a well run app that is incredibly user friendly. However, like any other service, sometimes you need a little help to navigate any potential problems. Mercari Customer Support: Best Contact Methods at a … Continue reading Mercari Support: How to Contact Mercari If You Have a Problem
This piece is a continuation on our series keeping tabs on classic retail chains as they, unfortunately, fade into the rearview. This list is solely for full line Sears stores, Sears Grand, Sears Appliance & Mattress, and Sears Home Life stores. This list does not include owner operated Sears Hometown Stores. As of September 15, … Continue reading How Many Sears Stores Are Left?
I have been a reseller for as long as I can remember. Growing up in the early days of the Internet, the concept of being able to sell something sitting around the house to an eager stranger on the web was the coolest thing to me. OfferUp serves a unique niche, so let's learn more … Continue reading Is it Safe to Buy and Sell on OfferUp?
Post last updated August 30, 2020. According to JCPenney's official website, there are "approximately 850" remaining locations, but the company announced a list of 154 stores closing on June 6, 2020 in the wake of their Chapter 11 bankruptcy filing in May 2020. (This was revised and is now 152 stores).On June 23, 2020, it … Continue reading How many JCPenney stores are left?
Photo: BroStocks Media. I was doing my biweekly grocery pick up when I saw a rather striking site across the plaza, an empty Chuck E. Cheese's parking lot with big writing on the windows: $5 PIZZA. It was in that tacky writing you see on the back of a midsize SUV or minivan that says … Continue reading Adjusting to the New Reality: Chuck E. Cheese in the COVID-19 Era
At BroStocks we have a soft spot for the classic retail chains that played a big part in our childhood memories. This is the first in a multipart series in tracking the remaining open locations of the classic and troubled traditional retail chains that are marching on during the age of Amazon and e-commerce. You … Continue reading How many Kmarts are left in the United States?
In a recent post, we talked about the difference between investors and traders, and everything in this post will apply to investors. That is to say, the content of this post applies to people interested in a longer term position in stocks of three or more years. With the historic bull run that the United … Continue reading What are Inferior Goods? 2 Stocks with Potential Durability for a Recession (or Depression)
"You keep saying propping up zombie companies...are you arguing to let airlines, for example, fail?""Yes."A stunned Scott Wapner, a longtime CNBC host, stammers and stutters..."why? How does that make sense in the broader scheme of the economy?" "This is a lie that has been purported by Wall Street, when a company fails it does not … Continue reading Why Chamath Pailhapitiya says we should “let companies fail” during Coronavirus
Update: On April 7, 2020, NASDAQ halted trading of Luckin Coffee (LK) indefinitely.Update: On May 11, 2020, Luckin Coffee's Board fired CEO Jenny Qian Zhiya, and COO Jian Liu.Driven by a tech savvy strategy combined with efficiently laid out stores, Luckin Coffee went from a concept in late 2017 to having more store locations in … Continue reading What happened to Luckin Coffee? A big blow in its attempt to knock off Starbucks in China