It is time for a change at the top. CHRS needs a real retail pro who can turn this company around. This is a great time for retail and management not get the job done. What is going to happen if the economy slows down?
She doesn't know anything else except how to be a good retail soldier. She only able to keep things a float, can't lead the troops through the fog, keeps getting lost through the smoke and mirrors. True enough that she wasn't part of the 60% of management which got cut at Sears, but she sure kept her notes of what took place there. So she reviewed her notes and tried to recreate the same story line. No creativity on her part. This stock without a significant increase in sales will never push through the $4 level. An now that we're in the holiday season, sales will stay pretty much even. Have you been in a Fashion Bug store lately? The quality of the clothes are wear until you wash them, then throw in the rag bag for your washing of the car. You can't compare a chain like Sears and FB. She know it and so did Michael.
My broker says he thinks she is doing a great job---so I am holding and expecting it to go up more if sales continue strong through Christmas--Jan is the end of their year--earning won't be available for the year until Feb---If i remember all this right---he said he had this stock when it was $16.00 ---he has so much knowledge and he called me again today to let me know that all his research is positive---have a good weekend------I hope that this makes you all feel better---I am happy and if he has any other news, I will post it right away---Dixie