BGLS is a retail chain. I use to own a retail chain my self.So believe when I tell you, there is gonna be an explotion in earnings one day in the near future. I spoke to Jack Grumet the CEO of BGLS a few months ago, and what they aregoin thru is just some simple but neccesarry phases in anygrowth retail outfit. Such as dealing new store openings as well as remodeling older ones to fit the new company look.Also relocating or shutting down poor performing locations.All these factors will have adverse effects on your bottomline short term. You can't show earnings when you're usingyour profits for expanssion.I know it's been dead money for sometime now, but judging byconversation with Mr. Grumet. it won't be long now. And at $7 per share we have nowhere to go but up like a rocket. I'm consedering buy in up another 1,000 shares or so.
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