Pacific Sunwear of California, Inc. (NASDAQ:PSUN)
CAPS Rating:
The Company is a specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults.
The Company is a specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults.
Recs
The year long decline is unlikely to change, even with the holiday buying season coming up. Even if the market gets its QE3 I doubt that PSUN will benefit much, since their remaining investors may view any short-term gain as a selling opportunity.