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Showing posts with label aeropostale. Show all posts
Showing posts with label aeropostale. Show all posts

Monday, June 30, 2008

The Weak Consumer

I'm betting against the consumer heading into the rest of the summer. Specifically some of the speciality retailers. I am in the process of shorting Aeropostale INC (ARO). Looking to short this company via the October 30 puts. The bid/ask is currently at $2.55/$2.75, so I split the difference with the hopes of a pullback within the next 30 days.