They are sure making is full of suspense. No date given for report YET.
this is how it is.ASNA is rapidly approaching the point where its gross profit is equal to its operating costs.even the 150 to 300 million expected savings in operational cost the next two years will not be enough.two years from now most of the debt is due.if revenue does not pick up ASNA is DOOMED!
Ann update if good as rumored will ignite short squeeze imho.
Where did all this stock come from? Tens of 1000s of bid at 2.17 and same amount selling at 2.18. I haven't seen that kind of size in a while. Whoever dries up first will determine the direction for at least a nickel one way or the other.
If we are to go off the RSI then you could argue that a pull back next day or so could occur on ASNA before rallying up. Ive been struggling with this stock lately. Some of my other trades have been from awe.some*sto-cks which are working out pretty well.
indeed a pig it is with a heavy load of debt!!!!!
Let me just say they were point blank about Ann when they bought. Said they needed two years to get it in fold and where it was helping. Well its fresh into 3rd year and im betting we see some positive. Its the biggie too. The debt and finger pointing has been on Ann, but if its good stuff now kaboom!!!!!!!!!!!!!!
Shorts need shares o badly this thing could go double digets quickly.
Folks more misery when they report. Insiders tell me Ann did very well in quarter ending July. E commerce is suffering . They havent done anything to improve turn still 9 to 10 days from click to delivery Other divisions all down....You know Jaffe does not retain and of the executives who started with him when he went on these acquisitions...No surprise this quarter