I'm looking forward to the chance to cover upwards of 1/2 of my short position BEFORE the sales/earnings release. I'd like to see us back at $12, near term.....but not sure if Primecap will "let" it get that low, since they are so gaga about Rouleau.
Dropped in my local Tuesday Morning. Goodness, gracious - doing a serious reset complete with (GASP) merchandise displays. Give 'em a week and I'll drop back by. Had even cleaned the floors. But not the entry door mats. Really didn't see any exciting merchandise, yet. Went by Home Goods before going to Tuesday Morning. Beautiful store, lovely merchandise presentations - makes Tuesday Morning AND Big Lots look like the dumps they are.
Yes, that's true but there was news on BBBY and it was bad, so there really is no comparison until TUES earnings comes out, and then you may not be able to make that same statement. And since then, there has been Sears, and there will be others all guiding down. ROST warned two months ago. If retail is going to get tougher it just makes it that more difficult for any turnarounds.