Grocery Outlet and SNAP Benefits Released


Word on forums and Reddit is that California and Washington SNAP recipients have gotten their SNAP Benefits released to their accounts. What this means for the Stock? Short term momentum? Yup! Grocery Outlet has 10% of sales directly from SNAP which is huge. Where are 70% of Grocery Outlet stores? Washington and California. This catalyst will make the stock rip tomorrow. It is up after hours and I believe it will continue to rise during the trading day. Judge also ruled it’s unconstitutional to withhold funds that have already been approved by Congress. Short Term calls is the way! Let’s ride! THANK YOU FOR YOUR ATTENTION IN THIS MATTER.

Leave a Reply