ANOTHER OPPORTUNITY IN TALBOTS
This post was just published on ZYX Buy Change Alert
The company is primarily a retailer of women’s apparel, accessories, jewelry, and gift items in the U.S.
The position is long with an average price of $2.26. Currently, 5% of the full core position size is being held. Our target price zone is $8.00 – $16.00.
The catalysts will be management getting the fashion right, successful transition to younger demographics, cost cutting, or a buy out.
This is a speculative long-term position.
Buy Zone: $1.11 – $1.57
Target Zone: $8.00 – $16.00
Stop Zones. $0.33 – $0.58
Potential entry points within the buy zone $1.26, $1.36, $1.51, and $1.88.… Please click here or the title below to read more.
May 25, 2012