Brian Grosso
Investment advisor, long only, long-term horizon, value

Body Central: Multi-Bagger In The Making?

I last wrote about Body Central (OTCQB:BODY) in early August shortly after the company reported its Q2 results. My thesis then was that the market had overreacted to the Q2 results which should have been expected to be horrid, leading to a 32% drop in a single day to around $8 per share. I thought the market had overreacted then, but since, the stock has descended another ~30%.

(click to enlarge)

Altogether, the stock has gone from about $12.50 leading up to the Q2 results to $5.42 last Friday, down 57%. Since the release, there really hasn't been any news, leading me to wonder how this all happened. BODY is far closer to a turnaround than it was...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details