FOH

[buddjas1]

Yah, I managed to average down to under $3 as well.  I'll gladly break-even here.

[buddjas1]

Looking good this morning; up 9.31%.  A little more volume and we'll see $3 today.  Get your sell orders ready.

[berloga]

Looks like it does need a bit more volume to push higher. The technical setup looks good. The fundamentals are a bit flaky, so after the influx of capital into the stock dries out, it may turn around and fall. A stop could be good.

[David Randolph]

I'm starting a new thread for FOH, which is Fredericks of Hollywood Group, the resulting entity from the merger between Movie Start and Fredericks of Hollywood.

The merger occurred in January 28, 2008 and the company still didn't release combined results. Just MSI's results were out and they were on the negative side.

Not something to buy now, but to keep on the Watch List, because I like Frederick's business, especially www.fredericks.com.

[David Randolph]

According to the following excerpt of a form SC13 filed with the SEC ...



... FOH's number of shares outstanding is 10,197,476/0.356 = 27,938,290, so, the current market cap is $62.86 M.

The company lost ($6.3 M) over the past 6 months ...



... and book value is just $6.4 M (so the Price to Book Value is about 10).

The stock is completely dead, even though www.fredericks.com has been operating smoothly.