Friday, April 30, 2010

Bought BWLD @ 41.80

Earnings for BWLD came out on Wednesday and although they made $667 million dollars, it was around 200 million lower than the first quarter of 2009, so naturally people were becoming skeptical and the stock slide a little bit (approx 15%). I love Buffalo Wild Wings, especially right before football season. Getting in now would be pretty logical. I put in an order at 41.80 and sure enough on Thursday it slid down for just long enough that my trade was executed. I'm gonna hold for about 6-8 months and unload early Feb. I'll keep you posted.

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