Last weekend I continued my search for potentially undervalued / overvalued small-cap companies perhaps overlooked by the Street. I stumbled upon, Pacific Sunwear of California (NASDAQ:PSUN) or PACSUN as most of you may know it as. The company describes itself as a leading specialty retailer rooted in the action sports, fashion and music influences of the California lifestyle. The Company sells a combination of branded and proprietary casual apparel, accessories and footwear designed to appeal to teens and young adults. The past decade has been a wild ride for shareholders.
However, this year has been especially rewarding up to this point. Year-to-date, shares have traded higher by a mouth watering 127% amidst renewed optimism and subsiding fears of...
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