You will see a rebound by q4 for express. Industry avg is 10 P/E. Worst case EXPR has a EPS of 1.50-1.70 for the next 3 years. That would give the company a tangible BV over 8 dollars per share. Given that figure the stock would be trading back towards 16 per share. Average target return per year would be aprox 15% over current price . Buy a big lot here set 1/3 sell orders at 12.50 1/3 $15 1/3 $16. Stop losses 100% of shares at $10.00 per share. Short a position of 1/3 if price dips below 10.70 . That is how i am playing this
Follow the leader people. Here we go please place all hands inside the cart and thank you for riding with Investment 101 airways i am your captain Vincenzo Fundalougatz the 3rd. And this flight is free and drinks are on me.