REALLY??? You gotta be kidding me. You take a unvalidated distribution person without a sales bone in her body and put her over Merchandising with a huge span of responsibility in a crisis situation? IMO- this company is sinking fast... moving the chairs on the deck. They have no STRATEGY, PLAN, nor LEADERSHIP talent to execute. I am sorry if I sound negative- but I sold my SVU a week ago (tax loss), and lost a ton.... still reeling. Where is the board??? They need to get involved fast given the cash flows of this model and burn rate that is possible.
TRADING 101... sell at end of the year to show a short term loss if you think the stock is going to maintain or go lower within the next 30 days (can always buy back in 30 days)... this stock is not going anywhere given my earlier thesis. The management team has no credibility.