The Wet Seal, Inc. is a retailer selling fashion apparel and
accessory items designed for female customers aged 13 to 34 years old through
the company stores and e-commerce websites.
The company’s stock has fallen from $4 in October of last
year to around 33 cents now. However, they are exploring ways of making a
turnaround in the future. Recently, Clinton Group Inc, highlighted the options
that are available to the Board of Directors of The Wet Seal, Inc.
The stock is now trading around 35 cents but has a
possibility of trading around $3-5 with a turnaround. This is an ideal trade
for a small investor like myself because this stock has a limited downside and
huge upside potential. For example, an investment of $350 could possibly turn
into $3000 in the event of a turnaround in the future, which is almost a 757%
increase on the investment. That is HUGE!
If you are an investor who is willing to take the risk be
patient on this trade it might be worth it!
No comments:
Post a Comment