I'm thrilled. And no posts on these message boards, to speak of...which tells me a really important thing: the Street has really not been paying any attention to Zale. Which is why we were stuck in the $2's, despite their previous decent earnings release a couple months ago, and IMPORTANT guidance that they were going to achieve a refi.
Any notion that the market is "efficient" is just silly. Thank goodness!
I think there's room to move a lot higher here, as the "risk off" scenario that has been punishing Zale (Europe, double dip fears, etc.), becomes IRRELEVANT...since the company can now stand on its own two feet, without the kind of solvency fears that would have a reason to "intrude" any more.