certainly have rocks on my brain when i see a company operating at a great loss, with cash flow of only 11 cents a year (not accounting the dilution they gonna get after the cap raising), many dead brands (just go to your local dept stores and see how it is and their goodwill will have to be depreciated in the accounts as they stated in the last report), and a share price of $1? crazy...
wait till they report their disaster this septembe and i have feeling we will see this back to around 30 cents or worse...
get out or get burned.
if you like retailers in the same sector, see DJS & BBG, they r known blue chips company and they give you much, much better value than PBG.
PBG Price at posting:
$1.01 Sentiment: Sell Disclosure: Not Held
