Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

JAKKS Pacific: Is There Any Value At These Levels?

I don't usually like to invest in "dog" stocks - ones whose prospects are deteriorating rapidly, whose management teams have made questionable decisions, and whose viability in the long run is in doubt. But, I also know that I have never found a value name that didn't have any problems. That's just the way this games works: risk vs. reward. In the case of JAKKS Pacific (NASDAQ:JAKK), an investor can easily search the internet and see the horror stories of being a shareholder of the company. The stock, down almost 70% YTD, has faced problems with execution, a shrinking market for traditional toys, and questions over the company's funding.

What is hard to find during an internet search...

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