Gordon Reid Aeropostale Inc. ARO-N DON'T BUY Feb 15, 2012

Over 170 stores that are doing over $800 per square foot. Incredible operating metrics and really beating out competition on all fronts. Revenues growing even in this difficult environment. Strong cash position and buying back shares. Trading at 12X earnings.

(A Top Pick June 23/10. Down 27.9%.) Got out last year with a very small profit.

Prefers American Eagle (AEO-N). Clothing retailers move between 8 and 20% margins. Buy them at low margins and hold for 24%. A dividend while you wait helps.