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Tuesday Morning Corporation Message Board

  • longtimefollower longtimefollower Apr 25, 2013 9:28 PM Flag

    The run up to $10 was irrational... evidenced by today's earnings release.

    Sentiment: Hold

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    • beetleruss Jun 8, 2013 12:56 PM Flag

      Approaching $10 at this point is absolutely insane. None of the TUES management has yet articulate what is wrong with the company's business model or what specifically they plan to do to fix it. The TUES business model may have worked in the 70's and 80's when professional women may have had a bit more time to 'rummage' through the goods at their local Tuesday Morning store. Here in 2013, the idea of clawing through a bunch of stuff probably doesn't hold as much appeal with stores like TJ Maxx and Ross offering a broader and steadier range of goods. Also, TUES doesn't seem to get the blockbuster deals which it featured in years gone by. If Tuesday Morning doesn't have the deals, it can't expect shoppers to seek out their secondary locations. Lastly, for God's sake, fix the lights! Nothing is more uninviting than entering a store with a third of the lamps burnt out; a store with spent lighting screams out 'Shoddy!' to the perspective customer. The goods don't look nice in darkened stores, either.

    • What run to $10 ?

      52 week high was $9.65

      Im willing to wager this stock sees $12 within 24 months.

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