praoses from whom? - zacks, motley fool, analysts?? haha.... the same fools were saying that Aaple will see $1000/share soon and now at $450, they are downgrading.. the same fate awaits FRAN. Btw, I went by to check out a Francesca store this past Saturday. There were a total of only 3 customers on a saturday evening.. and 2 of them were just looking at the sale items at the back. The merchandse looked stale. Look at the stock action.. it tells you the whole story... in a bull market this stock can barely move to the upside. Get out of this garbage. You can thank me later.
Yes, I am short and looking to short more but unfortunately shares are not available to short most days. You are buying stocks based on analyst recomendations?? Ha ha.. you guys never learned anything. The same analysts who have $40 target will be downgrading when it is in the teens. This stock trades at 3.5 times sales. Have you seen what happened to Body Central(BODY) stock .. check out it's chart. same business. This stock is going down big .. just a matter of time.. 6-9 months.
You should stay out of the stock market. This company trades at a crazy valuation, the questionable growth is slowing, does not have a CFO, all the founders quit ( without good reason) and has very questionable third party transactions. If anything, the SEC should investigate this company to see if there are any accounting violations. My advice: sell whatever shares you have because it will see $20 before it see $35. Headed to the low teens