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Someone is loading up big times for sure here
New high caliber role hire today for a Director, Site Merchandising with emphasis on e-commerce, marketing and merchandise optimization
Tdeck,
Thank you for an update on this, good to know that tutes are adding to their positions to average down and that makes sense assuming the company will be bought sooner then later; most likely will see more filings in upcoming days
Slow accumulation it’s fine!
Cheers,
It doesn’t matter, what does matter is end results/ the outcome
And they have plenty of cash with little debt or most likely no debt by now, so no need to raise, all fear , lies and speculation
Good day!
You’re better off switching to another board my friend
Thanks
Cross River buying more today, 95,000 shares
Going where they go!!
Lots of new District Manager openings on the website, got a few last week, a few yesterday and bunch today
I’ve added a few today
My 5 cents,
Two more openings today on Francesca’s website, two high level positions for District Managers, Eastern and Central districts
Regards,
Attempt to take it down today successfully failed on very strong volume!
Two new roles/positions posted today on Francesca’s website, Procurement Manager and Buyer;
Cheers!
Like to see those large additions to ownership, which tells the things are improving and relatively fast
Enjoy your day,
Same bs over and over again, nothing new, nothing about the future but the past which is known already and less relevant
Here we go , Blast!!
All makes sense Tdeck,thanks
We may figure it out pretty soon here!
Thank you Tdeck
Regarding this new FASB change regarding showing 5ys future lease obligations , the info it’s been shown there forever in footnotes on financials, so now they decided to change the way it will be presented, so I’m confirming here that is no material change whatsoever to the numbers just appearance, and it makes sense since offset to liability is asset amount in terms of Accounting; I am Controller working for a private company for many years and we always showed these future lease obligations on audited CPA annual review ;
The main reason for this change is to improve companies visibility and transparency for investors , showing in footnote often can be overlooked especially by new investors, happened to me several times in my early Accounting experience;
So all is good,
short sellers/flippers often will throw something similar to this to simply mislead buyers so a little research like Tdeck did would avoid any confusion;
Happy 4th!
PS, if buyout to happen I would not expect less $ 50 ps which is equivalent to 4 roughly in pre-split, however I don’t believe one will take place though until things are stabilized and improved since $4 is basically only 150 million market cap so $50 ps is a minimum IMAO for a profitable business model
Thanks for an update Tdeck!
Always Nice to see how the liquidation sale is moving along
I guess we all get emotional sometimes, however it doesn’t justify blocking someone from the board IMAO
I don’t believe Tdeck wrote any racist post, he is not the guy many in this board have known as
But very good mentor and available all the time
Regarding FRAN, market cap is market cap , split no split it really doesn’t change anything as there won’t be a need to raise, it’s all good with cash
Hi,
Had a great weekend looks like another 700-800 sku burn through week ahead they added this weekend after Saturday morning count and again a few on Sunday 2267 for the total and this morning 2086 for 181 sku sell out Sat and Sunday bringing the total to 328 thus far, we will see how the next four days goes, but there is July 4th, so we will see.
Clearance sell outs are updated again:
Clothing 610
Jewelry 732
Accessories 311
Beauty 117
Gifts 182
Shoes 134
Good weekend everyone!
They added more of the legacy/warehouse skus yesterday morning after I listed the count. We started off with 2278
Clothing 687
Jewelry 752
Accessories 346
Beauty 130
Gifts 209
Shoes 154
We ended the 24 hour period with 2131 selling out 147 skus on the day not a bad start to the weekend/week after burning through 791 last week almost hit 800.
Clothing 631
Jewelry 725
Accessories 315
Beauty 125
Gifts 194
Shoes 141
I guess they voted for it to improve s/p to allow institutions and funds buy their shares since many won’t buy below a certain dollar threshold
In any case, market cap is what is so shall see.
Cash level would be nice to know
Cover at will today friend!
Short term traders who bought stock around.40 last week selling it for pennies, ridiculous!!
Stocktweets post 5 minutes ago someone posted it;
When we get millions in daily volumes this won’t matter
On heavy volume
Heavy accumulation all this week,
Will see later today!
Q-2 should be a blast and turnaround point, New and Now along with Shorts deals should provide a nice revenue boost plus long weekend 4th of July is coming; their models are working so hard and doing amazing work!
On liquidity side, all the cash coming from liquidations will be very helpful regardless of how it is going to be used wisely by new management
Best of luck!
Yup, agree with Harkmi and Tdeck,
Nothing to add, the squeeze will be long and epic, large buy blocks flying by in since last Thursday, those are pure new buys, someone is picking a lot on bid.
GL ,
Thank you Tdeck for an update
Busy weekend for sure,
Shorts will loose it big times!!
Agree, doesn’t justify any valuation
Extremely oversold by shorts
Me personally, there must some personally heck reason to destroy the stock/ company
It’s not gonna happen !! Contrary to market perception of this
Will be a real survivor
Stay strong!
You’re better off to find a another board for your jokes, current leadership knows what to do.
With market cap below 15m it’s not even relevant event
I’d cover at will my best advise !
Thanks tdeck for keeping us posted!
Huge sale in the stores this weekend, i’m heading to one boutique in my area to check it out, last time visited it in December
Wondering how this weekend gonna look like, holiday weekend!
Have a great weekend everyone,
That’s absolutely right, this guy accumulated 170,000 shares at much higher cost I believe and this morning he tweeted on Stock tweets that he sold it and bearish comment, so I am sure today’s drop is his,
Thank you for the update,
Old corrupted chairman is gone, very good, won’t be surprised to hear a similar news soon; Cross River Capital may send their person before Annual meeting starts later this month
Short sale 12-13 millions that’s ridiculous like 40% of float, let them short, squeeze will be epic and longer
Best,
I’m with you, we all need it, it’s time to reverse as things should be interesting tomorrow!
Tdeck, pls unlock my DM,
Thank you tdeck,agree with you 100%
Just to add my 5 cents, lol
They also have an opinion to apply for additional 180 days extension if s/p stays below 1 after first 180 days; R/S doesn’t change company’s fundamentals
Best,
You will be better off by finding an another board to post your messages ; just an idea!
“Trade Mindfully” by Gary Dayton is a book I highly recommend;
It might look it’s for traders only however I learned a lot ,read it twice.
Yes, we all do need it .
I have a confidence here; short term pain -long term gain!
Let’s see what ER and guidance bring us, A&M and Rotchild is a strong alliance in my opinion.
Peace and confidence in your investment!
I visited their store yesterday in Redmond,WA outlet to get a dress for my daughter graduation party;
Last time I was there in December 18; store manager sounded very positive and optimistic about store performance and new management.
Actual boutique appearance improved as well since my last visit;
The location of this boutique is great, 10 minutes away from Microsoft HQ and Amazon
Regards,