The Children's Place, Inc. PLCE

Saudi holiday ended today… they will release today or tomorrow.

It will go back to 30$

We will have the ER this week with news that it is not as bad as the shorties think. This company is not going to bankruptcy.
By the if it is, the value is higher than 20$…

The stock is traded at lower than liquidation value…the minimum liquidation value including the brands value is $300 million!
Huge opportunity for brave investors.

Saudi shareholders have their Ramadan holiday until April 9.
I guess they will release on the 10th.

No liquidity issues. They will finally issue the ER during the next 2-3 weeks, they can do it by the end of April.
I guess it will include new financing with Gordon brothers, changes in management and more restructuring. All the short sellers and put options players will lose everything.

No way the banks will take them to bankruptcy. The debts are manageable. They paid the LT bank loan ($50 million). They have $200 million net bank debt which is less than their inventory value.
The delay is probably waiting for Gordon brother’s deal and bank waiver.

Blackout they can’t buy

Put options for tomorrow… who gamble on 9,8 or 7.5$ for tomorrow? Hilarious!
Why they are not releasing? No date? This is encouraging speculation.

Insiders can’t buy it is blackout period