It will be slow growth with bumps up and corrections/profit taking/shorts downs it will grow, yes, but slow not as before when it grew to $2.54 (in march).
It will continue it's steady growth as turnaround isn't happening as fast as we/street/investors/potential buyer would want. So yes, again this will give us some green days and some red days but overall it should be up at least .30-.40c by the next earnings call. I'll be honest here and I do not see $3 yet, numbers/guidance/outlook should improve for this to happen.
Some real good changes are needed, there's a lot of hate to PacSun on a street and lots of bashing. Lot's of mad people who lost their $$$, thus it will be harder to pop up, but if Gary & Team does the job it will grow.
2.19-2.20 is the mean/average level, is it a good buy - possibly is it a good short not really... this won't go below $2 for sure, there's simply no reason for that. Could be also a bit "dead money for some time" afterall time will tell.
Wow what a 180 you have done in a mater of hours. First you said there would be a gap up tomorrow 2.30 to 2.40, now you say maybe it is a good short and this is dead money and won't hit 3 dollars before next earnings. Yesterday you said 2.50 today +. It is time for you to leave this board and admit you where wrong. In a few days. Go take your tail and your Longbeach ID out of here.