Short-selling firm does a number on Tile Shop Holdings

Gotham Research pulls out all the stops in delivering a scathing report on Tile Shop Holdings (TTS)

The short-selling firm maintains Tile Shop will have to restate several years worth of earnings due to improper transactions and reporting.

Shares of TTS are down 27.1% on volume that is already 3X normal trading activity.

Full research report (.pdf)

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Comments (2)
  • rambler1
    , contributor
    Comments (1024) | Send Message
    Interesting I see a huge store in Paramus NJ and it's parking lot is always empty.
    14 Nov 2013, 10:57 AM Reply Like
  • jalearner
    , contributor
    Comments (3) | Send Message
    I saw the exact same thing in the store in Edison, NJ on a Saturday afternoon, with a total of 2 people in the huge store. I became convinced that TTS sales were way overstated, which I had read is what the CEO gad done in a divorce action of which he was convicted of civil fraud.
    14 Nov 2013, 01:07 PM Reply Like
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