The Children's Place, Inc. PLCE

Auditor quits or fired? Why an auditor quits? They never let go… I guess they were asked to leave and the new controlling shareholders will nominate replacement soon.

Russell balancing

It is fixable. All we need is a new CEO. Will retest 12 months low until they announce a new CEO.
The stock will be at the 60’s 3 years from now.

When they will announce new CEO?

Good morning - it is going to be a beautiful day today!

Going down 12 consecutive days , down in 15 of last 16 trading days!
Way way oversold.
Reversal is coming.

I am holding my 53K share and will double (again) if it drops to 6$.

Stock is fully shorted… ex-management and ex-directors sold their RSU’s. Mithaq and other LT holders are not selling. No new sellers… no new shares left to short.
We are at near the bottom!

Way over sold. Stupid sellers.
Buy more and hold it is a great long term investment.

Stupid money sell…
$100 million EBITDA in 2024
$150 million EBITDA in 2025.
7 times 150 minus 200 net debt (end of 2025) = 7*150 minus 200 is $850 million market cap or 68$ per share.
Ignore speculative action it will go up gradually after they will appoint a new CEO and Q2/Q3 earnings will show much better results.
Just wait and see.