Their greed killed this stock....the only thing that can get the company back on track is a hostile takeover OR the Board of Directors forcing Angel to step down. Pathetic management throughout last half of 2011 and 2012. Warm weather was not the culprit -- poor leadership, no insight into margin compression and costs, endless spending (marketing, new HQ, excess inventories, etc) and pure greed (stock buybacks at $75+) killed the company and allowed shorts to drive the shares down to where we stand today.
Pathetic. If Q4 sales fail to meet the vastly lowered expectations, Angel and the rest of the dead weight MUST go.
PATHETIC. In the end, management of public companies exist to create value for the shareholders. Angel and the rest have failed to do so over the last 2+ years yet they continue to collect their inflated salaries and grant themselves additional shares of stock all at the shareholders' expense. Time is ticking...put up or leave....4th quarter results and 2013 guidance can't come soon enough.