A little over a month ago, I did a post about Aeropostale called A Matter of Perspective. The main point of the post was that just because a chart’s price was near the bottom of the graph doesn’t mean the price can’t go lower. Well, now that ARO has posted its “pitiful results”, the stock is slumping 12% after hours, and I imagine a year from now it will be much, much lower. I’ve marked an arrow on ARO to show where it’s trading right now. Firm support is at $0.00.
Of course, the title of this post comes from my never-ending Nilsson-obsession.