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Tuesday Morning Corporation Message Board

  • smaycs4 smaycs4 Aug 20, 2013 6:01 PM Flag

    Shorting TUES is assinine !

    Just listened to the 2nd conference call with the new CEO and opportunity abounds !

    They have SO much room for improvement its crazy.

    I would not be surprised to see the stock double or more from the recent $11.41 price over time.

    We have an incredibly accomplished executive who has boatloads of experience and he is OPTIMISTIC as can be !

    Yeah, the quarter wasn't great, and Im not sure they are going to earn big money next year but the charges are behind them and things are looking up.

    I would wager the shares never see $5 again. Unless the entire economy collapses.

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    • A very disappointing post on your part, to say the least.

      You need to learn how to scale out of positions. There was little excuse to own this stock at $11.40, considering all the other better bargains out there.

      This "opportunity abounds" nonsense is pure bs. The business model is much more challenging than it used to be, and I have set my sights a lot lower here, than i was in 2008-2009. My own suspicion is that the trading range, for the next 3 years here, will be pretty much between $6 and $12, as the company returns to modest profitability, of, perhaps, 50 cents in EPS, or a mediocre 8-10% ROE.

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