Shorting a Stock - Casey's (CASY)

[KCCLONE712]

Anyone on here know the convenient store business well? I am thinking about shorting Casey's. They are growing (have been for a while) outside of Iowa. As many other threads on here have stated, Casey's in Iowa is going to sh*t in all aspects.

I have been to a few of their stores outside of Iowa. It's not amazing but service and cleanliness seems a little better than the ones in Iowa. They seem to be growing way too fast. Their stock is up 30% on the year and I see a correction coming. Can they manage their leveraged debt if **** hits the fan?

 

[KnappShack]

Is this an insider trading request?

 

[Cyched]

This is the Big Short sequel we’ve been waiting for

 

[Dr.bannedman]

*popcorn*

 

[BCClone]

Anyone on here know the convenient store business well? I am thinking about shorting Casey's. They are growing (have been for a while) outside of Iowa. As many other threads on here have stated, Casey's in Iowa is going to sh*t in all aspects.

I have been to a few of their stores outside of Iowa. It's not amazing but service and cleanliness seems a little better than the ones in Iowa. They seem to be growing way too fast. Their stock is up 30% on the year and I see a correction coming. Can they manage their leveraged debt if **** hits the fan?

Bear hedge them by selling Caseys and buying Quik star (or which ever one you think is the strongest)

 

[SCNCY]

Truthfully, investors don’t really care if the stores quality have gone down. So long the company is growing revenue and making money, the stock will keep going up. Once revenue growth slows or stops, then the quality and service of the stores will be a front focus, but that’s probably a ways down the road.

 

[Clonehomer]

There’s zero chance Casey’s ever stops growing when they can charge whatever they want for that breakfast pizza.

 

[aeroclone]

Is this an insider trading request?

I don't always commit white collar felonies, but when I do, I do my homework anonymously on CF first!

 

[CloneIce]

I’m not sure profit and stock growth will be directly correlated to quality in this case, it often isn’t.

 

[ISUTex]

There’s zero chance Casey’s ever stops growing when they can charge whatever they want for that breakfast pizza.

And they are basically a liquor store as well. When do they start selling Delta 9 and Porno mags?

 

[Die4Cy]

There’s zero chance Casey’s ever stops growing when they can charge whatever they want for that breakfast pizza.

Their profit margins on over the counter sales is higher than competitors. They will dip eventually but they are in a growth mode because they've figured out the cash flow.

 

[SwirlyBird]

If your have to ask a college team message board then **** yeah go for it

 

[Dr.bannedman]

we are all gonna be witnesses for the feds arent we

 

[MuskieCy]

And they are basically a liquor store as well. When do they start selling Delta 9 and Porno mags?

Gummies and

 

[dmclone]

Please do and report back. I'm sure most professional investors look at 100's of dumb acronyms like PE ratio, debt to equity, price to book, blah blah blah but I bet none of them have taken a **** at the Mt. Ayr Casey's and experienced their sub par butt wipe.

 

[Gorm]

The popcorn chicken at my local Caseys barely has enough chicken pieces to fill 1/4 of the red cardboard container. If you tip them on their side and vertical, there is normally 3/4 empty space. Their old cups of popcorn chicken (Pre-covid) would overflow their current container.

 

[KnappShack]

And they are basically a liquor store as well. When do they start selling Delta 9 and Porno mags?

Now there's a goddam business opportunity.

Do they still publish Stag and Oui?

 

[BCClone]

And they are basically a liquor store as well. When do they start selling Delta 9 and Porno mags?

Are there still porno mags?

 

[Dr.bannedman]

The popcorn chicken at my local Caseys barely has enough chicken pieces to fill 1/4 of the red cardboard container. If you tip them on their side and vertical, there is normally 3/4 empty space. Their old cups of popcorn chicken (Pre-covid) would overflow their current container.

just pour 2 into 1. Easy

 

[06_CY]

Are there still porno mags?

The Women of Casey's.