Replies to post #32 on Endeavor Acquisition/ American Apparel (EDA)

[chuchogold]

i don't know the exact number of planned openings but here's a quote from the most recent PR:

Jonathan Ledecky, President of Endeavor stated, “We are delighted that American Apparel expects to significantly exceed its previous guidance of $40 million of pro forma adjusted EBITDA for 2007. American Apparel’s management has advised us that it has over 20 new store locations under signed leases and a significant number of additional new sites under development. We have agreed to increase the debt ceiling from $110 million to $150 million to allow American Apparel to continue its worldwide expansion.”

[chuchogold]

i agree on all accounts. it's almost eerie how underappreciated this stock/co is. CNBC has done so many segments on retail over the last couple weeks and hasn't mentioned AA once! I scour the internet for retail blogs and analysis and almost never see EDA even mentioned at all.
once the merger is complete all that will change instantly.