The stock has gone nowhere in five years. They bring in a new management team and within a year the whole team is gone. They loan $25mm to a related, privately held company (Crescent Jewlers) but won't release any financial information on the company. Same store sales are almost always disappointing. A large portion of their sales is on credit and a large portion of the credit sales goes bad. Anyway, if there is a good reason to buy this dog, I'm all ears.
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