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