NO not the ones selling merchandise for one dollar, the ones whose stocks are trading for less than a dollar, the list may surprise you in retail.
PIer One PIR .15
Lazy Boy LZB .60
Martha Stewart MSO 1.73, a high flyer in this crowd!
Tuesday Morning TUES .57
World Market CPWM .70
Such prices suggest bankruptcy or going concern problems!
Clearly a lot of retailers are simply not going to survive this environment.
Leave a comment