It will go down/sideways until the audits are complete on Hacketts, that is still a wild card and people are worried that they will be red. If the audits come out on Hacketts are green, investors will take the average of those five stores net income, pretend it is for nine stores and then the price will jump to that future value even though the stores won't be making that much until the four wisebuys are converted into Hacketts. So we will float around here until the audits, then we will float around the new predicted share value of nine stores averaging the five stores profit. One day the acquisition will be announced and the price will rise and fall until the future value of the acquisition is realized (whether it is positive or negative) and they will settle there, and lastly when future numbers of the expansion can be figured out the price will settle there. Right now the pps is reflecting worse case scenarios of Hacketts net income.
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