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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (25222)5/26/2001 10:48:12 AM
From: Ken W  Respond to of 29382
 
Joe

RSTO: I think that the large short position is the reason for the stocks move on the gap. This outfit has never done well FA wise.

Call me silly, but for some reason this part of the company profile galls the piss out of me.

Restoration Hardware, Inc. is a specialty retailer of home furnishings, functional and decorative hardware and related merchandise that reflects its classic and authentic American point of view. The Company markets its merchandise through retail locations, mail order catalogues and on the worldwide web at www.restorationhardware.com. The Company's merchandise strategy and its stores' architectural style create a unique and attractive selling environment designed to appeal to an affluent, well educated 35- to 55-year-old customer

People are out here scraping to make ends meet and this bunch have never been able to bring the company to profit, but cater to "an affluent, well educated 35 to 55 year old customer...I dislike arrogant people!!!!!!

Did you notice that on top of the convertibles there is also 800k in warrants out there to come into play? Not for just personal profit reasons, but I'd like to see this thing back at .50 where its 52 week low was.

Ken