Stock markets actually rally during a recession, they fall prior to it. Take some time and analyze. Analysts are calling for retail to improve. They also feel that you should invest in companies that deal with discretionary spending. China grew by 11.2% in the 4th quarter.
Why not own this stock? Who cares that they have not had a meeting in 1 year. They are planning on one in a March. They will probably announce earnings in early February. The downtime is short. As long as they make money and appear to be growing retail, I will be here.
I don't know were your doing business but in vegas ny La chicago.Business is good gold and diamonds are in demand.Customers belive gold is good place to put there money right now.people are not happy with the markets or realstate.Good luck to you but are business is very good right now.NO recession here.
They just announced on CNBC that there is an uptick in bankruptcies in jewellery.Zales(ZLC) had a dismal Christmas.Unfortunately,the people on this board are ignorant and are looking to get to get rich quick with the very wrong stock.A 28 year old who probably took out a sub prime loan or a prime loan guaranteed by the parents or inlaws no doubt.