Stock price when the opinion was issued
This follows the same seasonal pattern as the retail sector. Retail has 2 periods of seasonal strength, October to November with a run up to the Christmas season, and January all the way through to April. This one looks like it is rolling over early and is underperforming the retail industry. There is not much reason to be here.
His interest in owning any company like this, starts at zero and goes down from there. This company has a few retail brands, but they are basically in the middle of the market. If you want to be in retail, and he doesn’t, you want to be either at the high end or the low end. If you are in the middle, you just get squeezed.
It is still in a downtrend and has been for several years. There is no let up in the lower lows and lower highs. So is still in a down trend and would avoid it.