Sector is still extremely weak. No catalysts near-term, just more bad news. Come back in March/April for possible spring/summer bounce - but even then, it would likely be better to put your money into some of the stronger names in the sector.
The remainder of 2013 is going to be terrible for all these companies.
Yeah, there are no catalysts short term except a new Jenner line of clothing this week. The brand wasn't available last year. Also new styles have arrived from Brandy Melville, according to PSUN's web site. That brand, to my recollection, was not available last year. Then there's the Kanye and Been Trill items that have sold out, also not available last year. The average middle-aged investor may not have heard of any of these people/brands but that doesn't mean there are no catalysts. Reminds me of when LGF when Wall Street finally discovered that the Hunger Games was a thing.
I'm sorry to say that you're likely going to be watching PSUN head lower. It's over for this year. A quick look at the chart tells the story - the technicals are simply awful and the chart is indicating the shares will head lower. 50 day moving average is ready to dive below 200 day moving average shortly and this is bad. If you compare the current chart with a year ago, it is very similar except we're shifted about one month ahead of last year.
The company is going to give a bunch of excuses why the quarter was weak from government shutdown to the continued weak job situation, and people cutting back because of increased costs of Obamacare. At the end of the day, as I previously mentioned, investors should be steering clear of all retail stocks. Tax selling will be what drives the stock in December. Like last year, it may provide an opportunity to pick up shares at a bargain in preparation for relief rally in January. Again, there is nothing to look forward to until the spring - dead money until then.
You've been spouting about Kendall & Kylie for many months now - obviously it's not having the desired effect on the direction of the stock. You need to take a step back and look at things objectively. If you had done that, you may have sold when the shares were $2 higher and pocketed a really nice gain. Now you need to hope the shares rebound in 2014 again.
The only open question I see at this point is if the shares will be able to stay above $2 through year end, or if they will slide back below $2.00?