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Bullboard - Stock Discussion Forum Fred`s Inc. - Ordinary Shares - Class A FREDQ

Consumer Defensive Grocery Stores
Fred's Inc is a U.S.-based company that is principally engaged in operating retail stores. Most of the company's stores are self-owned stores, with a few franchised stores. The company's sales mix consists of pharmaceuticals, consumables, household goods and softlines, and franchise, with pharmaceuticals contributing a material portion of total revenue. The company owns 100% of the equity stake... see more

Bullboard (OTCPK:FREDQ)

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Post by coolfooldumbguyon Jun 05, 2018 6:45pm

still a strong buy

so,it's still a cheap stock trading  at about  fraction of its book value,plus it will give an update this month regarding its progress so far,glta.
44
Post by coolfooldumbguyon Jun 04, 2018 11:40am

it hit its low on friday

but I can see this going up tp $ 5.50 per share ,which is my target price,and I like to diversify a bit from too many energy plays,glta.
47
Post by coolfooldumbguyon Jun 04, 2018 11:37am

strong buy

I got it this morning for less than $1.50 per share,it's going through a reorganization,but it's is also trading waaay below its book value,so,what a bargain for me,yaaay,glta.
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