I think people realize that WTSLA has done well under the current economy. I think people believe this is a great value, especially when one of the analysts said Wet Seal is worth $5.50. This story was posted about a month ago. This is a bargain, especially at current prices of $3.70. I am loading up.
just loaded up at 3.6, wetseal has been holding up well the last 5 days. Dow dropped 777 yesterday and wetseal was flat. Expect to see 5 when SSS due next week. In this volatile market best to stick with teen apparel. Remember 2001-2003
why 2001-2003? that was just before wtsla dove to under a buck. also, the market was still down due to dot com bomb hangover and worry over osama but the economy was doing was just okay and retail was chugging along. as for an analyst sayng a month ago they were worth 5.50 look at what has all happened since then. besides we have already seen 5.50 this year, so how's that any endorsement? the three-month chart is for afficiondos of roller coasters only. unfortunately, arden b's a big rock in the trailing car that promises to make the xmas season climb much more difficult.