yo pee brain -- i am long because i do believe TUES will eventually bounce back and I do not want to sell at these levels. that has NOTHING to do with the adage "don't fight the tape." do you understand investing? you are the one who claims to control the market with your voodoo and 3 share position. have you ever heard of contrarian investing or do you just follow the shills at your two-bit broker?
I too am long TUES -- but are you out of your flipping mind to think that YOU and your "knowledge" can control a stock price and that YOU have somehow controlled the move from $30 to $1. Boy do I have BRIDGES to sell you.
If you refuse to subscribe to efficient markets theory nor will believe that markets tell all of us what a stock is worth -- then what in the heck DO you believe? Voodoo? The market is the market -- don't fight the tape.....
Go visit a Tuesday Morning store some time. It's like a glorified flea market. Different stuff every week. Some women (and men) may have the time to drop in weekly on the chance that something worthwhile might be there but most people I know work for a living. Also consider that with the recession upon us and holiday sale prospects so dismal, big box retailers and even department stores will be stepping up the discounts for the forseeable future. With TUES charging about the same for their goods as the other retailers, where's the carrot on a stick to bring in the shoppers??? Why settle for 'they might have it' when you can shop the regular retailers, enjoy a better selection, and still get a good price???