HS,
ZANY is dead untill sometime next summer. While I'm not trying to be criticle of ZANY, it has a fair value in the market of 8-10 bucks.
ZANY is a niche, but if you take a look at their book value and return on capital,,,,,they aren't as efficient as many other retailers in the deployment and use of capital......becomes important as you look forward and try to project growth and capital needs etc..
Also others are invading this space (some at the MALL level, etc)
Crowded, capital intensive businesses don't produce the outsized gains everyone is looking for
Best Regards,
Mad2
BTW.......put ZANY on watch list and buy when it dips below 7 and sell over 10 |
