Tiki Torched

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I’ve mentioned Pier One (PIR) on Tastytrade and here on Slope many times over the past year as a prospective short, because it has an insane parallel with its performance during the financial crisis. We appear to be in full swing now, and I suspect – as before – this purveyor of tiki torches, throw pillows, herbal tea, and various and sundry crap from around the world will be heading into penny-stock-land once more.

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