I continue to be absolutely baffled by ZQK's price action.
Nothing to be baffled about here.....the waves are setting up nicely for Summer....will be $10 by July!
Sentiment: Strong Buy
$10?!?! based on what. I get folks are excited about new CEO, but no way this stock should trade at 35+ PE ratio on 2014 earnings, specially given their gross margins continue to go down.
Has Rhone exercised all their options for the company yet? Dont they have the right to buy like 25% of company at an absurdly low strike price in the $2 buck range?