AEO had like $700M in cash at one point and is now near $200M. Haldf a billions GONE! These teeny stores are burning cash rapidly as of late. They should have zero debt imo. That's why I think ANF is in trouble with empty stores and major debt.
Last couple of quarters have disappointed and the stock went up so shorts could grab a bigger bite. It's so manipulated that I think one could buy lower even if eaning/forecast wre well above expectations. The manipulators would drop it lower to cover their shorts imo. I can't find any reasons to own this with a market cap north of $1.5B and carrying net debt.