The Children's Place, Inc. PLCE

Smells like a squeeze!

Second round will be stronger.

Just think… what if another 2 million shares will buy in. Huge squeeze!

Like in the last trading days it will start in red and then move to green…

Good day for a spectacular squeeze!

Tomorrow is the big squeeze…

When we will have the big squeeze?
It is coming for sure.

They are not giving guidance. Q1 ER is due within 2-3 weeks. They are afraid to give guidance after they missed the guidance they gave back in Q3 2023.
I prefer a positive surprise.
Strong shareholders gave additional support of $40 million. They know more than what we know and they invested more.
Hopefully they will give annual guidance in Q1.
I am surprised that they do not hold conference call…?

Bank credit line reduced from $445 to $433 million not bad. With the new credit lines from the Saudis they have sufficient liquidity.

Earnings are better than expected. Guidance was $454 to $456 million actual is $455 - in line. Negative adjusted EBIT came at -6.8% better than the -7% to -9% in their January 18, guidance.