Tuesday, February 22, 2011

Bought More Big Lots

I continued to add to my Big Lots (Ticker: BIG) position today at $41.26 and $41.29. The valuation in Big Lots is very compelling and there’s a potential for a nice premium in a private equity deal. I like the risk reward profile.

Here are my recent purchases in Big Lots:

2/18 Buy 0.5X @ $41.60
2/22 Buy 1.5X @ $41.29
2/22 Buy 0.5X @ $41.26

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