Zumz represents a nice opportunity in the retail sector. Every retailer has been affected by the macro economic backdrop. However, The pullback that has taken place in this one is particularly unwarranted given the strong comparable store sales growth and the seasonally strong quarters in front of it. I think there should be a natural snap back in its stock price after earnings this evening. Given the large short percentage as well this could provide an additional upward move.
I hope so . I hope this goes up 10 bucks for that matter . this macro economic event really worked against the smal investors . specially when Greece farts or irland sneez . the whole market loses 10% in New york.. If our future is on the hand of greece or Irland then we should close this country down !!! and go home. Or manupulators use any kind of these small excuse to bring the market down .. I do not know . but I hope ZUMZ announce avery good earning and issue upside guidence . because we longs need that