There will be late buying today! Exactly same as JCP last month!
I saw this exact same scenario in JCP last month on retail sales number! Stock was sold off $2 on the open because it missed Same store sales number. It then was down a little further as the day progressed. A huge private equity fund started accumulating with about an hour to go. then tehy went nuts buying the stock and it shot up $3 over teh final hour. Pershing Square if anybody remembers. then the next day after gettingeverybody short they announced their purchase and their interest in the company. Stock went a few more dollars higher and has not looked back! ARO is a strong private equity play and with JCP at $34 and JCG at $44 ona private equity trade, this stock is a screaming buy! Just make sure weak hands stay strong!!!!!! This is an exciting opportunity and the kids love teh quality clothes at teh value.