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Well, at last I see someone actually posting to this board. I bought this stock a few weeks ago. Bad idea? I don't know. They seem to be doing an overhaul on their business strategy. Has anyone else caught that? They just reported a 12% decrease in sales for November but they arent running as many deep discount specials as they have in the past. It looks to me as if they're trying to increase margins. They are also opening new off-mall location stores to cut their rent expense. Am I seeing a company trying to turn things around and going through the growing pains of getting there as most businesses do? Or is everyone correct about this company being mismanaged? I'm waiting as you are to see if the last minute holiday rush will add some steam to this stock and hopefully, if they are trying to increase revenues by increasing margins that will bring them up to at least what they forcast on their earnings call of 31-33 cents/share profit for this quarter. This stock is considerably below book value, which gives it one green light if they can just increase those margins and cut they're expenses enough, they may do pretty well? Any responses appreciated! I'm rather new here and this is my first post. Am I not seeing something?
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