AAP Inc (AAPJ)

[SPM555]

Very smart of these guys to focus on this one profitable company and not bog their stock down with toxic dilution. If they do the right steps now they'll be in a great position to raise plenty of capital down the road and continue to grow equity value for longs. Risky but I like their recent steps and I've mentioned it a bunch how I'm pretty sure January saw some serious shorts get trapped, as the company likely caught them off guard by cancelling their note and other loan - again opting to focus on the one Buddha Co. vertical and streamline that flagship.