Retail ready to crash.....NILE selling junk bling. TIME FOR SHORT SQUEEZE RUN UP !!!!!!
That time of the cycle again. NLE is near it's 52 week high despie terrible results and weak sales. Hits on the web site are way down.... and so are the sales of high end engagement rings where NILE maes the most margin becasue of overgarding stones from distributors all over that they never even see in their seattle storage garage !!!!
So it is time to start the SHORT SQUEEZE rumors. 9.4 million of the 12.4 million shares are owned by three crooked funds. There is no float for NILE ....Only trade sales designed to run up the stock price. ANd they run up the stock price to pay for the pyramid scheme. One day the party will end and NILE will be exposed for the ponzie scheme it is. Amazon, Costco, Sams Club......TIFFANY....These companies are killing NILE on quality reputation and price. The game is over. Check for e mail in box for another cheesy coupon for cheap jewerly becasue that is all NILE sells anymore.