what's next Zayre's, Lechmere, and Benny's?
The question is whether Pulse or Kmart will disappear first. One old POS and one new POS...sounds like a recipe for at least 10,000 dollars in sales over the next year lol.
The stock is still highly inflated at a market cap of over 2,500 dollars per listing...especially when each listing might bring 200 dollars of sales (wholesale) per year lol.
What a joke JSDA would kill to get a single listing anywhere! Like I have said all along, I am looking for a buying opportunity with PLSB. If it gets taken lower I will pick my spot. I would never buy #$%$-water JSDA though. JSDA has had 20 years and it still hasn't made it..... failure is what failure is and that is JSDA. Hope and dream all you want but JSDA has never panned out and never will. The people that bought JSDA north of 20 back in the so called day rode it down.
you are not so good at math?
15k listings times 200 $ sales is 3MM a year. Pulse needs to sell 6x that amount per listing to match JSDA annual sales.
It looks like pulse will sell more like 300-350 wholesale per listing and do 5 or 6 MM in sales this year, 90% of which will be stocking of new listings and therefore it is a sale after peak rev's are reported in 5 weeks.