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somoneysportspicks

05/13/20 9:44 PM

#3209 RE: drobx #3208

I think so. It moved up with its biggest competition $W I think this move is online retail play with a bit of short squeeze with the digital dividend. I hope they raise some capital at these prices or find a buyer for the online business. Got to think some brick and mortar furniture stores would pay a premium now.
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Value in the end

05/14/20 11:23 AM

#3210 RE: drobx #3208

I would think so. Expectations had been for a continued decline in revenues as the company's repositioning cut sku's dramatically. The surprise is that without a step up in marketing the company was able to arrest the revenue decline and is now growing on the back of much better engagement on line and through search engines. Gross margins are also heading higher. I think the biggest surprise is that a market share giver is turning into a market share gainer at least for now.