$SHLD $BONT $DXLG $BEBE PART FOUR / 4 Retail Stock
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Posted On: 05/08/2017 11:47:02 AM
$SHLD $BONT $DXLG $BEBE PART FOUR / 4 Retail Stocks On The Verge Of Bankruptcy
By Josh Enomoto, InvestorPlace Contributor
https://dynamicwealthreport.com/4-retail-stoc...ankruptcy/
Retail Stocks Near Bankruptcy: Bebe Stores (BEBE)
The last thing you want to see when looking at a candlestick chart is a giant, red bar. Look up Bebe Stores, Inc. (NASDAQ:BEBE) and that’s exactly what you’ll find. On March 21, BEBE stock lost more than 44% in market value. An announcement by management that the company was shuttering its brick-and-mortar stores caused the fallout.
This specific action was taken to avoid bankruptcy, and close advisors don’t see it happening. In all fairness, who are they kidding? Even Bebe insiders acknowledged that bankruptcy is possible if the retailer landlords won’t negotiate. The only standout positive for BEBE stock is that the company surprisingly has no debt. But considering it’s bleeding sales and margins, no good outcome is feasible.
Based on its current position in the markets, BEBE stock hasn’t moved since late November of 2015. Prior to that, BEBE investors have experienced one catastrophe after another. Without hesitation, the trendy apparel store is one of the worst retail stocks still doing business. In the trailing five years, shares have lost 95% in the markets.
In short, Bebe is a zombie stock. You can spare yourself a lot of misery by not getting involved.
By Josh Enomoto, InvestorPlace Contributor
https://dynamicwealthreport.com/4-retail-stoc...ankruptcy/
Retail Stocks Near Bankruptcy: Bebe Stores (BEBE)
The last thing you want to see when looking at a candlestick chart is a giant, red bar. Look up Bebe Stores, Inc. (NASDAQ:BEBE) and that’s exactly what you’ll find. On March 21, BEBE stock lost more than 44% in market value. An announcement by management that the company was shuttering its brick-and-mortar stores caused the fallout.
This specific action was taken to avoid bankruptcy, and close advisors don’t see it happening. In all fairness, who are they kidding? Even Bebe insiders acknowledged that bankruptcy is possible if the retailer landlords won’t negotiate. The only standout positive for BEBE stock is that the company surprisingly has no debt. But considering it’s bleeding sales and margins, no good outcome is feasible.
Based on its current position in the markets, BEBE stock hasn’t moved since late November of 2015. Prior to that, BEBE investors have experienced one catastrophe after another. Without hesitation, the trendy apparel store is one of the worst retail stocks still doing business. In the trailing five years, shares have lost 95% in the markets.
In short, Bebe is a zombie stock. You can spare yourself a lot of misery by not getting involved.
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