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With The Current, Rise In The Market.
always painting the Tape High before the close, what is there not to like with this shoe stock?
But things are getting better, not worse. Also, there are quite a bit of shares shorted - approx 10% of total float. 6 million shares short. When the shorts cover, stock price will rise.
DBI is selling for approx 50% of pre-COVID shutdown levels. Maybe there is limited downside currently, unless additional bad news on the virus resurgence?
Great Job DSW...
On a positive note, the Chairman, CEO, and CFO all bought shares yesterday/today. Still a lot of unknowns with the stores being closed & the COVID-19 uncertainty. Good Luck to the longs !!
That's a lot of stores ! Wonder where the customers are likely to go?