Ascena Retail Group Inc fka ASNAQ

[pickspicks1]

ASNA as much as anybody else was a victim of terrible timing. This recession will weed out a ton of marginal retailers. If ASNA survives the next 12 months they are a good candidate for some nice PPS appreciation. But they are so far down after their ill advised RS that to think they will
return a decent ROI for those who bought pre RS is extremely optimistic and probably not realistic.

I'm down huge and won't add at these levels but others should watch it and jump in when the worm turns and we work our way back to normalcy