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alstry (35.21)

Only 3 MORE DAYS......

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August 17, 2010 – Comments (2)

UPDATE: ISRAEL HAS '3 DAYS' TO HIT IRAN NUKE SITE

Iran says to unveil array of weapons next week...

REPORT: China targets U.S. troops with arms buildup...

Military power growing...

Pentagon warning...

Risky game on the high seas...

How long can America fend off the dragon?

China tests space station module...

'Without a revolution, Americans are history'...

ANYONE THINK THE ABOVE HAVE NOTHING TO DO WITH INVESTING??????????????

2 Comments – Post Your Own

#1) On August 17, 2010 at 1:21 PM, alstry (35.21) wrote:

Seriously, how long before America keeps shutting down before the only thing left to do is fight?

Now the question is do we fight among ourselves, or do we fight the outside world....

It is NOT the end of the world....doomer and gloomers stay away......just the end of a world as you knew it.....

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#2) On August 17, 2010 at 2:35 PM, alstry (35.21) wrote:

2011???????????????????????????????????????

NEW YORK (CNNMoney.com) -- Casual clothing chain American Apparel, suffering a steep sales slump and manufacturing problems, warned Tuesday that it might default on loans and not be able to stay in business.

The Los Angeles-based maker and seller of "Made in U.S.A" T-shirts and other basic fashion clothing, said it may default on loan agreements with its lenders, cited ongoing weakness in its business.

If that happens, the company said it may not have sufficient liquidity to stay in business for the next 12 months.

The news pushed American Apparel (APP) shares down more than 17% in morning trading.

The company, which operates 279 stores in 20 countries, said it expects same-store sales, or sales at its stores open at least a year, to tumble 16% in its second quarter. The company expects to post a loss from operations of between $5 million to $7 million in the quarter.

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