Personally, I can see AH just being panic sales. It could easily bounce right back. The company didn't lose much by getting rid of stores that were not performing. This is return would make them money off of the leases and pay roll for those employees. It's a great company with a lot to offer, a partnership with Amazon would be golden. I mean I've seen my local wet seal is always packed and it's in the largest mall in Suffolk County, New York. Honestly it may die down for a little but those who bought and held on might get lucky.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.