This is great because pets goes down 2 or 3 million per day so soon I'll be able to buy the whole company. Ha ha. wait a few more weeks and then buy. Shorts own this one for a while. Pick it up at 8/share. Good risk reward at that price.
my first impression is this is basically a sound company. I've only looked at recent financial data. Shorts have really piled in, which I see as potential for big moves up.....eventually! Is there reason to think this outfit is seriously damaged?
Have you ever listened to a conference call? this team is a disaster. No wonder the shorts are circling it like buzzards. Akdag seems unprepared and uncooperative, and severely out of touch with the competitive environment. Maybe some one should tell him gross margins are dropping like a rock and sales are down 23 of the last 4 quarters. I sadly own several thousand shares at much higher prices.