InvestorsHub Logo
Followers 12
Posts 842
Boards Moderated 0
Alias Born 04/19/2011

Re: Value_Investor post# 31

Thursday, 04/06/2017 10:12:25 AM

Thursday, April 06, 2017 10:12:25 AM

Post# of 89
Company has been very quiet since last earnings--and they met expectations then.

I have been searching as to why they had a 50% drop, and can't come up with any solid guess. True, it is a niche clothing business, and that segment has been hammered lately, but that is all I can come up with.

So....we have a profitable company with only 50m o/s; .40 cash per share in the bank; yearly sales around $300 million....selling for less than $1.50. There can't be that many companies out there that can say that!

I believe that the market is waiting to see what the next earnings report looks like--if it shows continuity in profitability then I think the share price will rebound and begin a steady rise to around $4. Next earnings should be around the middle of this month, and I expect them to meet expectations, as they did last time. Hope to see them exceed! Of course, I could be wrong, haha!

I am invested here, and don't mind waiting a bit for a nice return.

Good luck to you, and thank you for the info you have brought to this board!

**************************************************************
just my opinions, of course!

Never argue with an idiot--they'll just drag you down to their level, and then beat you with experience!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VNCE News