TAKEOVER this weekend.
I would say that this store is really close to buying merchandise on 5th avenue, same concept knock-off items that nobody has ever heard of, a store overstocked with JUNK, great concept that will end in bankruptcy just like Brainy- Zany, same to co -founders with that one, seems to be their M.O.
went in to the manchester, ct. store yesterday and talked to the store manager and she told me that when it snowed the store was empty and it snowed 19 of the 28 days in February, the store was well stocked but she told me her district manager wasn't happy, she had previously worked for Dollar Tree for 15 years so she is very experienced, EPS wii meet or beat, but the reason for this stock making 52 week low this coming week will be forward guidance which will be terrible at best.
which we all know guidance is much more important than EPS., because one tells the past and the other foretells future performance, in this case the fact that this companies stores are located primarily in the northeast region that had snow on 19 of the 28 days in February which will make forward guidance a nightmare of lower guidance which will cause this security to fall to a new 52 week low below $28.
WSM got hurt no matter what, FIVE which sells most of their mercy. from China will gewt hit even worse, WSM sells a lot of American made products and the port shutdown hurt them big time.
this security needs too test that recent low around 28.50 before any meaningful upside can occur, WSM which by far is the great retailer of today was hurt by port shutdown on West coast, what makes you think this company is immune when most of their goods come from China, earnings coming out on the 25th will disappoint. GLTA
volume and price action tell us that a move over $8.50 is extremely likely today. GLTA
sure has the volume and momentum to get us to the promised land above $8.50.
It is absolutely unbelievable that they allow this #$%$ on these STOCK MARKET boards to continue.
The vote is in, this gap will be filled today with extreme bullish implications to follow tomorrow.
with huge bullish implications if it happens --- "OUTSIDE DAY" will be achieved.
we are well on our way my friends, keep your eyes on that 131.60 prize if your long.
volume is there and news event should get us to the promised land above 131.60 today.
just another example of EXTREME incompetence of government.
Misses and guides lower and they bash it for 28% on the downside, also huge short interest, nobody wants to cover after making 28% today, Wall Street is becoming a joke street.
No financials in a year, how can the "munchkin "allow this fraud to continue, this stock should be delisted or made to speed up their process, nothing is that complicated that auditors can't figure out in a years time. The S.E.C. is a freakin joke along with this company, side note last time I rented from Hertz all the cars they had at Bradley airport in Connecticut all had 40,000 miles or more, this company is in complete disarray.