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New investment idea by Lane Five Cap Mgmt, well-know small cap investment firm
Management certainly has experience in the industry. 3Q results were awful, but they were expected to be. I think the market over reacted for a company changing its business model. Its a speculative bet, but down 63% YTD, if the turn around is successful then potential upside is very enticing.
Lion - looks bottomed 5$
Note to self: P/E Ratio incredibly low when added to CAPS
This is an awesome retailer in the right niche.
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