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MIK stock price

Paul Cascio

SGF, Supreme Grumble Framer
Messages
4,640
They report on the 17th; can't be good news. Also, there's nothing changed from yesterday with respect to Coronavirus that would improve their near-term outlook. It's tempting to buy, but I'd wait.
 
Framecon 2021

tedh

SPFG, Supreme Picture Framing God
Messages
11,106
Michaels
 

tedh

SPFG, Supreme Picture Framing God
Messages
11,106
After a few more days, I’d buy anything.
 

UzZx32QU

Founder
Forum Donor
Messages
3,797
MIK has a PE of 1.43
EPS $1.73

stock price $2.47

market cap $453M

It's making money but man, it's in the dog pile.

A year ago it was $12
 

Rick Granick

SPFG, Supreme Picture Framing God
Messages
18,883
I don't know whether this is relevant here, but about 10 days ago I went to my nearby Michaels to buy some pen cleaner. This is a new store, about a year and a half old. It was very nice when it opened. Last week I found it to be unkempt, shelves not fully stocked, and with only one register out of five operating.
:cool: Rick
 
We’re here for you. www.wizardcutters.com

sandlot

Grumbler
Messages
37
We used to have a MICHAEL'S in our town (they closed and a JoAnns moved in sometime later). I would go there once or twice a year for various art supplies. Would stroll by the Framing Dept just to look around. The gigantic samples of their work would hang above and around the service counter. Those samples were all Framing101. Usual color combos, 1/4 inch or 1/2 inch double filet matting. Boring and unimaginative. I would peer into the back workroom and not see much work ready to pickup in the large cages. Heard from people occasional that they were expensive as far as custom framing. Cheap fake flowers, ready-made frames, cheap home decor furnishings. Kind of expensive art supplies. Then there is Hobby Lobby that opened across the street from them, JoAnn's, and then many more of those cheap home furnishing stores in every mall. Good Luck.
 
Rian Fabrication Services  www.rianfabrication.com

UzZx32QU

Founder
Forum Donor
Messages
3,797
Come on Paul, lets do a selection of free frames with purchase of double mat, glass, and fitting charge. It works for me...
 

Paul Cascio

SGF, Supreme Grumble Framer
Messages
4,640
Okay, it'll be ready in 6 weeks.
 

shayla

WOW Framer
Messages
30,988
How are the other big box framers doing?
IMHO 2 weeks for MIK and it's Warren not Jimmy, dementia setting in...
My 92 y.o. grandma used to worry about forgetting/repeating things. I said, 'Yes, but you know it's happening. And they're always witty.'
Just in case, though, it was nice knowing you. :cool:
 
Rian Fabrication Services  www.rianfabrication.com

tedh

SPFG, Supreme Picture Framing God
Messages
11,106
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UzZx32QU

Founder
Forum Donor
Messages
3,797
They have their quarterly report tomorrow morning @ 7AM. Could be interesting...
 

artfolio

SGF, Supreme Grumble Framer
Messages
2,594
If anyone has spare cash laying around I would definitely buy shares in almost any of the blue chips at present and I hope the gurus who run my super fund are doing just that. The silly thing about this crash is that the companies affected are the same companies they were a couple of weeks ago and all their assets are still there. The only thing driving the prices down is panic - the same panic which has otherwise civilised people trampling each other to grab toilet paper.
 
Presto Frame & Moudling 800-431-1622
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