Gotta try it. In at 2.85
B
bluegooserustics
@bluegooserustics
Posts
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What am I missing? I see no reason for this weakness...
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Ok here’s my thoughts:
- The earnings miss was due to Tariffs and Corunna Virus, both are temporary problems.
- Sales increase of 5%
- Increased advertising
- Growing footprint in retail stores
- Tangible asset book value of 1.89
- Valentine’s Day sales boost as this company is heavy into engagement rings.
I see only upside at this price.
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Anyone here...?
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Anyone else read the transcripts? Thoughts?
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I’m a recent addition. Holding from 1.09.
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I’m seeing 2.54b in assets, 1.15b in liabilities and a D/E of 0.67.... I understand the concern of the debt restructuring, but
I do not understand this .33/sh price. What am I missing? -
What am I missing here?
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