Stage Stores Inc. (fka SSINQ)

[rjhstock]

The CEO just bought more shares...

Insiders keep buying. Price/book is under 1. I went to three Peebles stores and took my daughter. She is a fashionista of sorts and has worked in retail. Said the store is fantastic and carries quality clothing at affordable prices. The stores were neat, clean with friendly staff. It was a Wednesday afternoon on July 5th and you would expect an empty store.... not so!! Though not packed, the cashiers were busy with customers and a few people were entering every 5 minutes avg. And the store I was in that day is in timbuktoo!! I was amazed at the sales and the quality of displays and clothing. It is a niche department store somewhat, but my daughter likened it to an upscale Kohls.

All that being said, I bought more at 1.94 and 1.97. This company WILL rebound IMO!! Economy is picking up. Christmas is a short ways away. Buy now before the climb back to $4 plus!!