The Company manufactures, markets and sells an array of cosmetics, skincare, fragrances, beauty tools, hair color anti-perspirants, deodorants and other personal care products.
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Took the hard ($) decision to cut the badly pitched &/or received new line of products.... major name presence in the industry, and very low stock price... potential to double in the next year or two. A favorite of value investors and investors with little $ as large numbers of shares can be purchased with minimal funds and can generate major profits with minimal stock price movement. Downside is volotility and small but unlikely chance of bankruptcy or reorganization.
I agree... like the stock for these very reasons myself. Good observation(s).
Yup... HIGH DEBT, but worth the risk because of potential. We just bought 100 shares at .97, let's see what it does. What have you got to lose? 100 bucks...