Seeking Alpha
  • Ocean Man
    Bought FINL at 20.91. Down 15% in the last 30 days. Seriously?! 2 weeks ago they had a huge beat and announced they'd be opening 450 shops
    10/12/12
    Reply (6)
    • Ocean Man: inside Macy's stores over the next few months. Bullish with a capital B.
      10/12/12
    • weed: Seems like you've bought a lot of retail lately.
      10/12/12
    • Ocean Man: Yeah, that's unusual for me. APP, TJX, FINL, KORS.
      10/12/12
    • Clayton Rulli: Dang . No volume on the options. shame! I wanted to play
      10/12/12
    • smokeyRose: FINL was Downgraded. 450 shops means a lot of cost. what is their cash situation?
      10/12/12
    • Ocean Man: They have zero debt and $250M in cash. Those shops within a Macy's cost less to setup than a stand-alone store.
      10/13/12