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Teavana Holdings, Inc. Message Board

  • Younessi Younessi Oct 17, 2011 1:01 PM Flag

    How many stores did they open

    in the last qtr? They don't seem to have much cash on the balance sheet. So not sure where thy plan to get the money to open more stores. They had a chance to raise money during IPO, but the insiders decided that they want to sell their shares instead. So no cash was raised, other the amount to payoff the pref stock. You must love losing money if you are long on this stock. My target on this stock is below $10. I would say within a year, but timing is not easy in a crazy market.