Well, not to piss on anyone's stock picks, but I've shopped at American Apparel once, and only once. The quality of clothing was by far and away the worst I have ever seen in new clothes. The thread count in the tshirts is so low they appear to be threadbare. The panties, which are supposed to be flirtatious and sexy, have the texture of wire mesh.
I'm have no opinion on the stock, as a matter of fact I hope it goes up and gives the shareholders good profits.
One of their San Diego stores has a hip location in the gay/artsy part of town and it's been there for a long enough time that it must be turning a profit or it has a very long lease. But I definitely won't be in there again.