eddie bauer announces laying off 15% of workforce

C

chimike018

big gain today for ebhi on continued improvement to ebitda...

however, after close they announced 15% layoffs and pay cuts.

two years ago layoffs often triggered a rally but lately layoffs send stocks, especially small caps, downward.

will ebhi spike on cost-cutting combined with improved ebitda or plunge on market fear that they will go the way of Circuit City?
 
Quote from chimike018:
will ebhi spike .......or plunge?
More...
More important, how many fleece tops, plaid shirts and
pairs of khaki slacks can a guy have in his closet? :cool:
 
it's been a relatively predictable trend to ride from $.50 $.1 and back again. i've been aboard twice so far. i'm currently short at $1.02 but i'm surprised how resistant the sell side has been. i still see more downside in the near term for this one but i'm growing impatient holding this position.
 
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