yarak1000, not sure but it has to be getting close. It's getting close to book value. If it goes to much lower the company will start looking attractive for a buyout offer with the no debt and cash on hand.
I agree with your post, "where's the bottom", every-time I buy ten cents lower than my previous buy it right away goes down another ten cents. I had an limit order in for $7.10, but no fill. We will see what tomorrow brings here.
I thought it was here. I am visiting two of their locations today to make a judgement on whether I buy more or sell. I am only going to do one or the other. The CEO did not make it seem like they had concrete plans to improve their business and also it seems like teen retail is struggling at the moment but I don't know if that will be turning or not. Retailers seem to be latching on to discounts to move inventory so I don't know if Body will be profitable soon or not. Personally from my untrained eye, I do not like the clothing from BODY. It's more clubby/sluttaayy than many of the others in the sector (excluding Wet Seal which sucks), so I don't know what to make of the business. They have cash and an unleveraged balance sheet but that doesn't help if you can produce profit.