The Finish Line, Inc. (FINL)
A mall-based specialty retailer of men's, women's and children's brand name athletic and lifestyle footwear, active wear and accessories in the United States.
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Do very well over time.
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Sales down, closing stores - nice run today on just an OK earnings report, shorted some at $10.25
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over priced goods, 60mil loss in 2008, sales falling in 2009, high liabilities.. good chance this Co. might not make it.
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This sort of retail would recover last.
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Management is now focus on running the business, once the acquisition fiasco is behind us.
Stock was oversold, and will continue to climb specially as results will be fueled by the Olympics.
Go to a store...great merchandise, great customer service, nice style....needless to say I am very bullish. Strong buy recommendation.
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OK - for you Warren Buffett and Ben Graham freaks. I have a screen using NAV I use to identify to those stocks that mr. market is punishing but still have positive NAV. This met the criteria. now it is my best pick ever. maybe there is something to value investing....go figure.
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retail is dismal
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I wouldn't touch any retailers right now, with real $$$. I expect a pull back of ARO(Strong Sell), CACH, JWN, JOSB, ZUMZ, FINL, and VLCM. I'm only short on ARO, FINL, and I might short CACH.
I think JWN is a buy at $31.
JOSB, could go up or down, IMO.
Unsure about CROX, UA, BEBE, ANF, and GPS. They seem accurately priced.
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Mail-Order businesses are becoming fewer and fewer due to their consumer base dying out (literally). Don't waste your time on this. You'll only lose money and CAPS points.
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the jobs report was fluffed up do to the gov increasing its work force.
construction and retail jobs were still down quite a bit.
this should cause consumer spending to decline.. which means ...
no more new kicks for da littles
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At least reach 52 weeks high.
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From my short ideas/valuation screen
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Finish Line is an up and coming company.
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The refocus after the failed buyout will regenerate confidence in this company.
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Good stock and will continue to perform
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suprising good earnings
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I beleive that this company stock will turn around now that a law suite has been resolved.They where above $15.00 a share at one time and drop to under $2.00 now they are climbing back up the ladder at a slow pace.But I think they will get back to up to par soon.
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Priced back with the sector
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Once FINL gets past the Genesco problem, assuming it does, this solidly run, low to no debt company will get back to the business of profitability. I doubt any judge would decide to bankrupt Finish Line over a deal that went bad due to the "surprise" credit crunch.

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