Francesca's Holdings Corp fka FRANQ

[Genya90]

Thanks for an update,
Based on bears argument and math which don’t make any sense I think, as of 5/3 ( last ER) we had 13 mil in cash and 10 mil in revolver borrowed which remains 25 mil available for borrowing since total line is 35 mil, that means they burned 35-38 mil from 5/3 trough next ER, no sense
The only thing I don’t recall, is 10 mil revolver borrowed is as of 2/2 end of Q4 or as of 5/3 ER date, if as of 2/2 which makes more sense then FRAN may draw addl for inventory purchase, however based on last Q they had enough of inventory on the books
In any case shorts math doesn’t look right to me, well of course it’s in their favor to drive stock lower
Best weekend to all longs here!