extra........First of all I welcome your short if infact you are short like you claim to be, This will only fuel and create even higher demand for shares when the tide turns. Secondly Earlier Today you posted that Hacketts stores will never average $ 4,000,000 Million/per store in revenues. In this case you are wrong because that is what's already being produced now and with the 10th store finishing this coming month or so, Hacketts will be producing $ 40,000,000 million in revenue per/year.
Do you see the pattern extra?,started with 1 store then 5 stores to 9 and now to 10 with a goal of 25-30 for Phase 1. You continue to claim that Hacketts stores are in a depressed area, please dont skip the company facts, Hacketts Black Friday sales rose 60% vs. 20% nationwide and year over year sales rose 12.5%.
THERE IS NO SUCH THING AS A DEPRESSED AREA WHEN YOU EXPAND INTO ***** 5 STATES *****. WISEBUYS ACQUIRES HACKETTS, SEAWAY ACQUIRES AT LEAST 2 MORE REGIONAL RETAILERS FOR "RAPID" EXPANSION. THIS IS THE TREND, AND IT IS NOT MOVING BACKWARDS AS YOU CLAIM.
Are you aware of what Seaway Capital did and does now? They invest in companies that are undervalued and then turn them around into profitable companies. If everything you claim was true, a multi million dollar deal would not be closing this week. Also Hacketts expansion would not be occuring along with at least 2 other regional retailers would not be acquired by Seaway Capital for the Hacketts/Portfolio EXPANSION PLAN.
THE COMPANY DID NOT BUY "gold", IT IS GOING TO TURN ITS ASSESTS INTO "gold". That is how business works whether it is the stock market or the M&A business. You buy value/hard assets and then turn them into profitable machines. You will have to stick around like the rest of us to watch this happen. With All due Respect, Take Care Extra.
News 
Market Data 
Discover 
AI
