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Pacific Sunwear of California Inc. Message Board

  • star91495 star91495 Jan 14, 2009 1:06 PM Flag

    How low will this stock go?

    Even though, December sales were down 10%. It's JMHO that business will turn around once teens thaw out from the country's cold spell this past week.

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    • Not sure how low it will go. I hope it stops around or just below the 52 week low. I personally shop their, and everytime I go there is always a line to checkout. Not a super huge one, but I usually have a 5 to 10 minute wait to check out. Compared to the aeropostle and anchor blue stores, this one is always busyier. I feel that they will rebound if this market starts come back in the 2nd half of this year. If it stays as bad as it is, I can see them filing bankruptcy by the end of the year. For the price I think the risk is worth the reward.

      They are also going to be closing a few stores to help with their money situation.

    • This thing is going to zero...The only good thing about PSUN going to zero is that we would be able to slap the half wits that run the company with a lawsuit to make our selves feel better.

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