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benlurkn

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benlurkn

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Wednesday, 01/08/2020 2:48:44 PM

Wednesday, January 08, 2020 2:48:44 PM

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I have a large holding of ASNA shares because I believe the market cap is extremely low compared to the assets they own even considering their debt situation.But I am not seeing a good earnings report this next Q. They guided to a $4 to $6 dollar a share LOSS from continuing operations. Seems the tariff situation gets them this Q. That is why the share price retreated after spiking after last earnings announcement. But I am expecting much better results in the future. But this Q might have some gains from discontinued operations as well as a one-time gain from debt extinguishment.
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