They owned 16% of the company over 2mm shares and recently filed that their all sold out. This was the last remaining overhang on the stock and as recently as 6 months agos insiders were buying at $2.35-2.39. This was the new CEO for Pier 1.
Smart new management team came on board in 2018/19, yes its difficult to turnaround retail. However right team President came from Michael's stores and CEO came from Crate & Barrel. No debt, insiders buying and over the last 10 years they've shrinked the sharecount from 19mm to 14mm. They have 70mm available on their line and market cap is 20mm with company...
KIRK has been dropping rapidly for the last few months. Falling right into monthly demand right now. Bought the monthly support. Looking for a bounce to about 6.80, but i plan on closing my position around 5.50
This is one of the examples that I like most due to the whipsaw that took the price after breaking the support line at 11.00 and its strong comeback above the past support this was a nasty short squeeze and even the price now is breaking the bearish trend line and now is making a soft pullback because now the market is controlled for the bulls The chart speaks for...
KIRK has had a great run gaining over 50% in just a few months. It is finally showing signs of weakness and could very well be ready to give back some of the profits. The great thing about this stock is the limit of risk. If it closes above 17.50 I would cut my losses. The potential move down could be substantial but I would say 5% would be a nice return if it...
