TALBOTS (TLB) GETTING CLOSE TO A BUY POINT
This morning Talbots (TLB) reported lower than expected earnings. Projections from Talbots were also lower than expected. Talbots is going to close 100-200 stores. A proven way to make money is to buy when it is the darkest, but long-term fundamentals are in tact. Talbots has a new management team. The work is cut out for them and it is not going to be easy to turn Talbots around. Talbots is rapidly approaching a point where buying it makes sense for an eventual 300-400% gain. When the time is right, we will