A couple weeks back Steve flagged BGFV (Big Five Sporting Goods) as a trade idea, it tanked shortly after but for whatever reason that chart stuck out to me so I went digging. 8% Dividend, P/E of 7.5 seemed crazy. 20 million shares outstanding, 50% short interest. Why. Earnings are declining. Ok. Certainly not to zero. Competitors, Sports Authority and Sports Chalet just went out of business. A Director just bought ~40,000 shares (He sold them in March at $15 a share). Well that's positive. They have 16.5M set aside for stock buyback. Their tax rate will decrease by over a third, which should theoretically increase their earnings by as much, no? They buy back 16.5M worth of shares, reducing the float to ~17.8M, which means they pay less out in dividends and keep more cash (or pay higher dividends) and earnings ratchet up because of tax decrease, their earnings practically double to $1.50 making them a stock with a P/E of 4.6  and a dividend yield of 8%. A P/E of 7.5, gives them a value of $11.25 easy, and their average annual P/E is more like 10-12. I bought some because it just bounced off its 50% retracement line on the latest move. The most important fact of all is that I walked into a Big 5 this week to check them out and two crows sat staring at me as I walked into the store, one in a tree and one on top of the building.  And everyone who studies sorcery knows that two crows is an omen of good luck. Someone please punch holes in this analysis. Would love to hear thoughts from anyone else who's looked at this.