...take a look at a one-year chart comparison between CWTR, CHS and ANN. The market is acting like ALL retailers will go bankrupt and women will never buy clothes again. This is not rational, and it clearly is NOT specific to CWTR. Time to "be greedy when others are fearful". I'm staying put (long CWTR, though I wish I'd bought some puts).
Does seem stupid doesn't it? The issue here is whether management can guide this company through what appears to be one of the worst retail situations ever....what I look at is long-term debt and cash.
I didn't think it would break $1.50...at a $1.00 I might take a shot.