If they can just repeat 8% increase in sales they had in Q2, that would be $32.72M sales and probably 3 cents earnings. Pretty cheap stock for that (and either a clean balance sheet or a not so clean balance sheet and a 2nd brand, take your pick at this point).
Of course, that's if they can hit the 8%. They have 9 additional retail stores compared to Q3 2012 and they said Bloomingdale's and Nordstrom were both increasing doors for this fall, so I HOPE they can hit that.
You're obviously ignoring the trend of their past few qtrs. Think they'll sell it down to 80 cents before earnings and you may see a bounce if they show any sign of reversing the trend. Their retail stores are looking like death traps and they keep adding more. Guess their theory is if you have enough stores doing poorly in the aggregate they'll do well. Lets see.... 10 losers equal a loss, but 50 losers equals a profit. Okay, I got it.
May not happen that way this time Tat, with no announced deal or cancel of the deal. The naysayers got
lucky this time or knew the company just couldn't seem to get it done. Either way, that $1 will probably show up tomorrow and then we have 3 more weeks for a continued drop. Here I thought my $1.16 was a
deal, lol. Won't buy more unless we do get down to .80, and the rate this company is going, it's a good