Pier 1 Imports Inc. (fka PIRRQ)

[Brock69]

Here’s my thoughts: It was announced that during the stockholders meeting reverse split will be voted on, The current action to take the stock above $1 has got to be driven by the institutions they have so much stake in this company that they cannot afford to lose their shares in a reverse split. Once the stock meets the criteria to stay on the New York Stock Exchange the reverse split will either be taken off the agenda for the stockholders meeting or still voted on but voted no. Once either of these scenarios happen the stock once again will make some nice gains. Then for the remainder of this year hoping the company shows us they are moving in the right direction with better financials and better profit margins again the stock will make some nice gains then for the remainder of this year hoping the company shows us they are moving in the right direction with better financials and better profit margin’s again the stock will make some nice gains. They are predicting that by the first quarter of 2020 that this company will have implemented it’s new game plan and turning a nice profit. Once this company shows profits and is back in good standing then and only then can they announce future dividends on stock. Once we receive those words the stock will then skyrocket.