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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: paulelgin who wrote (46677)2/20/2012 11:22:24 AM
From: Dennis 3  Respond to of 78748
 
I brought this one up last week. I bought some at 3.55 which was a mistake in hindsight. With the inventories they have I should of expected a the big loss they announced on Friday as they worked through the large inventories. They need to increase revenue fast. They need at least 100m a qtr to be cash flow positive. Rev's are increasing but is it fast enough to save them from running out of cash? Management says they have sufficient cash for at least a yr bfore financing. We will see. I may buy more if it continues to drop.



To: paulelgin who wrote (46677)2/24/2012 3:57:55 PM
From: Paul Senior  Read Replies (1) | Respond to of 78748
 
KSWS/SKX. I'll pass again on KSWS. My preference remains SKX. (I'm adding a little more today as stock falls.)

Says here this $12.67 stock has tangible bv of $18 including about $5 in cash:
advfn.com

I'll continue to wait for SKX to reduce inventory of unpopular style(s), and for them to latch on to the next fashion wave. Which is what they have been successful at doing.