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No. of Recommendations: 0
This company will survive these issues and at these price levels you can't afford not to invest. Its valuation is just ridiculous and with Kmart's return and WalMart's already awesome numbers, this company is ready for a turn around, especially during this next month and quarter. The previous CEO was responsible for the auditing problems and he is gone. The remaining management looks like they have reputable and diverse backgrounds (I am still in this discovery process though) and the interim CEO appears capable as well. I look for the stock to double in 12 months and maybe more if the economy is in fact recovering, not just bouncing. Valuation provides a margin for error and at these levels it seems hard to ignore the numbers. One more quick fix: FootStar sells one of every seven pairs of shoes purchased in the U.S.


Bullish on FTS
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