HBI
Granted shoudn't it be how many times has HBI cut guidnace at this point, and how much is earnings expected to be down y/y. The fact that a stock is close to 52 week lows after horrific news following more horrific news is not proof that the markets aren't frothy, I mean even a frothy market can only go so crazy with a company that is a serial disappointer like this. I mean they cut eps from .24 midpoint to .12, which was down from like .37 the quarter before. I mean one problem after another. Maybe they figure it out, but could Somebody explain to me why the stock should be going up on this? Even with what I just said it is still up from October Lows. It shouldn't be, it is only trading at 37 times this years earnings at this point, for a company that needs to prove they can do anything right before they become investable again. All is just my opinion, and I could always be wrong though.
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