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Coldwater Creek, AŞ Message Board

  • cilgreatness cilgreatness Mar 16, 2011 10:31 PM Flag

    Want to reiterate...

    Someone else mentioned this earlier today, $12m in debt is chump change w/ $1 billion in revenue. Cannot think of another major retailer with this low of a debt load trading even close to this price range. This has bottomed, and is one of the better risk/reward plays in the entire market.

    My target is $7 by the end of this year.

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    • Be careful and average down. This thing can be horribly unsatisfying, especially if they are going to keep discounting their clothing line to move product. My feeling is this stock will either bounce if their new line is really strong and resonates well with their extremely small quantity of customers. Otherwise it will likely keep going down to about $1. That is when I am planning to buy if it gets there as a decent chance this doesn't go in Bankrupt, at least in the short run, cause of how little of debt they have. Good luck. Sorry of those holding at higher prices.

    • Dennis Pence, Chairman and Chief Executive Officer of Coldwater Creek stated "We continued to tightly manage our expenses and inventory and ended the year with over $50 million in cash, no borrowings under our credit facility and premium store inventory per square foot down 15% as compared to the end of the last fiscal year."

    • Annual Revenue 1/30/2010 = 1,038,581 (Cost = 704,300).

      Cut the cost = Higher Profit