Too bad you don't have a clue what your talking about,But that's how it goes. You certainly will be scratching your head in the next 1 1/2 months when it hits new highs. Eventually you'll come around or just end up another disgruntled short?
Finally, someone with some sense...
This a ridiculously overvalued stock. Even during last month's pull back, the stock still traded at a valuation that was unsupported by its potential market size in A and B malls. I see two additional legs down for the stock: growth target misses as new stores in less-appealing malls fail to generate the same returns as previously-opened stores and decelerating SSS given the lower rate of repeat customers.
Upward trend? Are you joking? We are approaching the retest of the $15 low.
The future is grim for this company. Its best days are already behind it. Its a novelty. Pinkberry was great but now Zinga is hot. Pinkberry is old news.
Teavana hype is all but worn off. Empty stores and dismal sales. DOWN WE GO. And the SPY is near the top of its trading range. Wait for the plunge.