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Mermel, you have to be kidding !

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wadegarret Member Level  Wednesday, 09/11/19 09:42:58 PM
Re: Mermelstein post# 64643
Post # of 64747 
Mermel, you have to be kidding !

Who cares how a company is making money ? Ever notice for the last 20 years on CNBC that after an earnings report for a major company that analysts get on and judge revenue increase/decrease, Quality of Earnings, and of course guidance, to be the most important factors ?

I mean MIK is so far superior to FRAN as a company that it's like night and day. Also market cap is 100 times more as well. Yet MIK, even with the superior quality of earnings, having 100+ times the market cap, and guidance of $2.35-$2.40 for 2019, is having a tough time getting over $10. So why would FRAN little dinky micro cap with fake earnings get a higher valuation than MIK ? Simple, it shouldn't, all the craziness with the stock is pure short covering, along with momo gamblers. FRAN was $3 a month ago, and is worth no more now IMO just because they lowered their S,G, & A by $4.6M vs the year ago qtr. Fact is, revenues came in less than a year ago, margins were less, and earnings were far less if you use the same S,G, & A. You say, who cares about how a company is making money- Everyone, except fools ! I expect FRAN will in the single digits again soon enough.



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