A FIRST LOOK AT FRAN
June 13, 2012 1 Comment
Over the last several weeks, my friend @volslinger (who is short Francesca’s Holdings, i.e. “FRAN”), has been sharing the case for going short FRAN with longshorttrader and the public. The bet initially paid off for the shorts, as the CFO was abruptly terminated for “improperly communicating Company information through social media.” More recently, positive earnings led to a rebound in the shares.
While the thesis remains intriguing, longshorttrader currently holds no position in FRAN, and would require more information and/or more reasons before initiating one. The case for selling FRAN in the embedded document includes information and opinions provided by @volslinger, @longshorttrader, and others.