iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

The Economy is Booming For the Bargain Bin Basement Cellar Dwellers

Hordes of insultingly obese Americans flood Walmart each and every day in search for discounts. This is a trend that is repeating itself over a wide swath of retailers. JC Penny was dead under Ron Johnson and Bill Ackman’s chic approach to servicing the welfare class. Since the two of them left JCP alone, both revenues and the share price have been on the mend.

JCP is up more than 60% for the year.

A whole slew of bargain bin basement cellar dwellers are up double digits in 2016, led by BURL.

discount

Have you ever been to a Burlington Coat Factory? Holy shit what a mess. There are zero attractive coats for those interested in looking halfway decent around other human beings. The place is packed in tight with heavy coats, most assuredly designed during the cold war to withstand a Soviet winter. There aren’t any sales people to help with your purchase. You must choose an oversized down coat, emblazoned with a brand name like ‘SOUTH POLE’ or ‘NORDIC FREEZE WINTER SKI’, lug it on over to the cashier and then pay for it with your foodstamps.

Truly, it is a most horrendous and damaging experience to the psyche to shop at BURL.

But our migrants and refugees love it. Ergo, the stock price for all of the discount, variety, carnivale clown stores, are soaring– up a handsome 13% as a group in 2016.

When America is fully communist, under the tutelage of someone like the dangerous Bernard Sanders, we will all be required to shop at Burlington Coat Factory for winter garb.

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9 comments

  1. Rhino

    Coats that can break the spines of Flemish grandmothers.

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  2. t.c.

    lolz

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  3. tradingnymph

    Even Nordie has “THE RACK”, so everyone is doing a BURL. Nordie learned cuz in 2009 they were actually cutting back on their RACK stores a bit. For today we had a huge buy of Pound, Aussie and Kiwi on Inflation data (which was IMHO such a LAME reason to buy that garbage). Everyone is on VaCa still around the world so super thin market. Should fade before close. FWIW Grandma Yellen is just doing a social visit tomorrow, very doubt she will screw it up like she did at the last FOMC meeting. They have been using all the Fed Heads to try and talk her stuff down ever since. Belated Happy Easter to all.

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  4. nocturne

    My God, Fly …. one of ur funniest posts ….

    LOL in my cube …

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  5. tradercaddy

    So, maybe one should buy the stock of the Company that makes those power scooters that are so popular at Walmart.
    Have you seen some of the people on those things (no fun of the disabled)?
    I bet more than 50% are okay to walk but don’t because they are grossly fat (worse than obese).
    The do however, need to make those seats wider. The flab of the buttocks hanging over the side makes me want to hurl .And the flab jiggles as they reach for the ding dongs and bags of Great Value chips.

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  6. hftongue

    I remember going to Goodwill last halloween trying to put together a costume. I was floored! There were actually hot chicks there that you would see in a bar, and they were actually buying regular shirts and pants.

    Welcome to the new normal for America. We are the New South America – huge class divide between rich and poor.

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    • frog

      If we elect President Sanders, that will change. And everyone will get a free college education.

      But Sanders would not really be a big spender in the federal budget at all, compared to others, including the GOP, who get us in one humongously expensive war after another.

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