Ha ha, yes I think so, was just writing email to a friend of mine in CA a twitter friend he is a investment guy, and he thinks GC got the shares and is a deal some how some way, and agrees never would have been sold to anyone else or without a reason a deal.
Just his opinion and thoughts like mine, speculation but common sense speculation, we cannot see anything else nothing else makes logical sense. He like me thought Justice would be the one as it kind of goes with what they have now, Eddie Bauer and Pac Sun but I just see it as Lane and Catherine's they are the obvious choice for Ascena.
Everyone looks at this ER in terms of the numbers, IMHO screw the numbers, not totally but you get my meaning. They will be better than last Q, and Ann Inc. should beat last Years revs by 130-150 mil and comps still rising Q over Q.
The real important things in this ER.
Confirmation of Dress Barn landlords deal to close the stores during best sales time of year with concessions so can come out losing no money maybe making a nickle or a fee pennies, rather than the rumors of them losing $200 mil and facing Bk which sent the stock under a dollar.
The Lane Bryant/Catherine's sale with an infusion of 100's of millions of dollars on top of Maurice's $200 million.
What money Maurices 49% brings in.
And the elephant in the room, those 17 million shares, if they did buy them and retire them in effect shrinking the OS by 8-9% in one fell swoop thus increasing EPS for each share this mf'er is gone.
End of story. IMHO but common sense mind.
Let all three things have happened........look the $%^&*() out and I will leave it at that.
Instantly 8-9% shares gone, 100's of millions in losses evaporated, 100's of millions in cash added to the balance sheet, remember The Wire?
SSSHHHHIIIIIIIITTTTTTTTT $1.40 is a but a fleeting stop at the rest area. That is what I looking for wanting to hear that darn CC all the questions are answered today, today it all changes.
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