TLRD. Was also wondering. Maybe it's all in the financials as with cash flow projections or something. Nya_Qua laid out a case for the company, but I couldn't see it (comprehend it).
Isn't this a company that retails tailored clothes, or maybe uniforms? Cripes, if we're having millions of USA people on unemployment, and as many people working at home where possible, who the heck cares about buying clothes, dressing up to go out, etc.? That (being well-dressed) would be about the last thing men would consider, I would imagine.
I guess people buy stocks --- if they're even buying in this market -- where they see value or/and where they believe companies will get through this nightmare. Of all the stocks available, just seems hard for me to find something like TLRD to put money into at this time, esp. a lot of money. As you point out, the company isn't even profitable, is on an apparent downtrend, and that was before coronavirus.
Otoh, if somebody believes they know what they've got with TLRD, so be it. Sometimes the stock buys that seem crazy to me, turn out to be great winners for the buyers. We shall see. |
