The Children's Place, Inc. PLCE

Rights offering is not dilutive if all shareholders participate that stay with same holdings. It is an opportunity to all shareholders to increase their holdings.
The money will reduce expensive debt so the total net effect is not too bad.

Full position at 19.5$ average.
2025 we will have 1.7B$ sales and 10% EBITDA stock will get back to 100$.
Just buy and hold it is a good business.

Adam your an idiot

I got out yesterday. Congrats to everyone to hung in there:)

I sold it this morning at 61.84…oh well

$PLCE https://twitter.com/MarketNFlash/status/1437789102179487751?s=20

Stockwinners recommended $PLCE yesterday

$PLCE
I sold shortly after buying in once I reviewed the balance sheet for this company. As much as I wanted to go long , this company burned through more than half of their cash liquidity last quarter and only have enough to make it another month or so before they are wiped clean . Their liabilities almost equal their assets and the company already stated that 3Q wont be too good. I just cant see banks providing loans with favorable terms at this point ,nor would I want to stick around for a potential second stock offering since so many existing shares are already publicly owned. I hope for the best but I think its the right move for me to sit this one out . GLTA

$PLCE
Long baby... all the stores are opening up again . This is an investors dream entry price

It will follow foot prints of Kohl’s.