Pier 1 Imports, Inc. (PIR)

Should benefit first from a moderate uptick in consumer confidnece. Pent up consumer demand will first hit cheap chic, while there is still some gray area as to whether the economy is in full rebound/employment expansion. As soon as there is consensus that job growth is returning to long-term average rates, it is time to get out of PIR.

that which does not kill you makes you stronger
so since they didn't go BK they may stay in the game
the object of the game is to make $$ so conventional wisdom says if they don't die they live and if its not going down any more then it goes up

lol fingers crossed

I own PIR :-

http://finance.yahoo.com/q?s=pir&.yficrumb=yIQAwlz5SoW

Industry: retail (speciality non-apparel)
EPS = -0.59
EPS EST 1yr = -0.262 2yr = 0.087
PE = na Industry 14.5
PB = 1.97 Industry 1.6
PS = 0.26 Industry 0.3
P/CF = na industry 11.9
P/FCF = na Industry 8.9
Yield 0.0 Industry 0.0
Gross profit margin = 28.3 Industry 34.3
Operating margin = -3.4 Industry -1.7
Net Profit Margin = -4.2 Industry -1.1
ROA = -8.2 Industry -4.5
ROE = -31.8 Industry 0.0
Insider ownership = 2.0
Greenblatt ROC = -16.09
Greenblatt Earnings Yield = 0.00
PosFCF generic % free cash flow yield -16.07%***
Passes 13 of 17 of Mike Klein's metrics
MaxPrice = 13.94 Discount 74%**
Metrics from qtr ending 8/29/2009
Caps rank 1
http://caps.fool.com/Ticker/PIR.aspx
MC score 236

All good enough for my money. I only suggest stocks that I own !

(See posts 388/584/665/760/1051/1807/2213/3546/3755/4046/4208/4225/4345/4573/4818/5241/5242/5310/5461/5579/
5169/7651 on 'Investment Analysis Clubs / Dynamic Value Investing ' board for extra due diligence applied ). **MaxPrice is a generic version of Mike Klein's Maxprice and ROC and Earnings yields are generic versions of Greenblatt's metrics. *** PosFCF generic % free cash flow yield taken from AAII and posts 5248 and 5253

See 'Investment Analysis Clubs / Dynamic Value Investing' board and my CAPS profile for further excellent companies selling at a discount to Maxprice with excellent current metrics. CAPS only shows my selections over 100Mill (unfortunately due to restricted lower market cap applied by MF CAPS).

As stated on the 'Investment Analysis Clubs /Dynamic Value Investing' board my aim is to obtain up to 50% returns p.a. as Buffett stated he could obtain (3 times) recently. A very difficult task but you can follow along with my buys and sells on my CAPS page, where I put my money where my mouth is . If I perform well I hope you can benefit. If not , feel free to ignore my comments. CAPS allows each and everyone of us to be clinically judged on our stock picking abilities over the LONG TERM.

Please always do your own due diligence before investing.

Manucastle :o)

They don't normally announce comps, but lately they have been more forthcoming because the news has been good. I expect positive comps because the comparisons are favorable and the merchandise is great. Check out what Cramers counterpart said about the merchandise on todays "Stop trading" . A strong endorsement from the target consumer.

I can't believe I'm doing this. Outperform.

Low Price with High Professional Opinion

only way is up

Management is trimming the fat and it stock price reflects it

Looks cheap @ <2.50...Good company with a strong sheet....Small enough to change with the economy ups and downs...Buying in....

Testing top performing penny stocks

UNDERVALUED, UNDERVALUED,UNDERVALUED... FACT ... Earnings will be down due to the economic climate... So hooray for you boohooers... ANYONE can say any retail stock with the exception of WMT will suffer on earnings... BIG DUH! However, LONG TERM is GREAT!!

Wait ti the Holidays

10.000

CEO has done tremendous job since arriving, shows why former employer sued to keep him from coming to PIR. Costs have been cut, underperforming stores shuttered, merchandise refreshed. PIR on the way to becoming relevant again. Management deserves benefit of doubt for deal to acquire CPWM. Operating synergies appear real, improved execution on sales side once PIR management in charge not even being considered. And if deal goes away, PIR stock will rise on a misplaced relief rally. Meanwhile, PIR's management touting how well they've done turning around the co in the letter bidding for CPWM means it's very likely they'll put up another better than expected quarter. I'm guessing a loss of 0.05 or even a few cents of earnings. Stock should be up 50% in a year or less.

I like this stock - the complete home furninshing is always good for an uplift

ummm yeah

Pier 1 is in my eyes a premier house furniture and decorator store. They have great stuff and at great prices. Even Pier 1 has caught on in the name dropping. I have heard many people brag about their great furniture that they picked up at Pier 1. As the housing market comes back up soon, you will see Pier 1 enjoying it even more.

I think this company is in for it. The lack to get better quality merchandise with the expensive pricing, makes for Walmart and Target to eat up the comptition. It does not seem that laying people off and closing stores is going to be able to pull Pier 1 through these tuff times.

well known and fundamentals, fundamentals, fundaments