Pier 1 Imports Inc. (fka PIRRQ)

[MoneyMaker111]

Sources: R/S, too, will be avoided

The general consensus PPS target is currently $1.44. This is over two times the current value. And at the rate of rise, that PPS target is not far out of sight.

Thus, the New York Stock Exchange listing requirements of $1.00 minimum will be avoided, and any reverse stock split will be avoided.

From the latest earnings report, underneath the discussion on a potential reverse stock split in lieu of any liquid generating proceedings, management made clear of their intention to completely avoid a reverse stock split, as that would be in the best interests of pier 1 shareholders.

References:

https://www.equities.com/news/is-pier-1-imports-becoming-an-idea-by-saving-itself

https://finance.yahoo.com/news/pier-1-comments-p-global-211000499.html

https://finance.yahoo.com/news/edited-transcript-pir-earnings-conference-064217756.html

$PIR