Jon said today 12-26-08 that first and 2nd quarter will be the best in TJ history due to retailers selling their Un sold merchandise to TJ who will buy it and make tons of money.
Not sure IMHO if he is correct, but I can assure you that 4th quarter sales will be horrible, I said this 1-2 months ago based on the economy and I will be proven correct. I think margins and earnings will be lower but not a disaster.
If Jon is correct than after December sales report and definitely after 4th quarter earnings it would be a great time to buy this stock in anticipation of a first half recovery, I guess patience is the name of the game.
great post. Please remind us of this great "firesale" buy after the next earnings report as it will likely show up in the one after that. Good job! Also..hopefully the co itself will give us a headline or some info.