Gordon Reid
True Religion Apparel
TRLG-Q
TOP PICK
Apr 21, 2010
Denim company that does high-end designer jeans, which on average sells for about $250. They're going from an off-price wholesale model to a direct sale model. Have 40 stores now and expect to have 72 by year-end.
Manufactures high end jeans. Average price is $200 to $400 per pair of jeans. Risk is that there is a 40% short interest in this stock.
He bought at at $8, $15-$16