Pier One Continues to Melt

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I’ve been peeing on Pier One on this blog for years, because my view is that it’s simply aping its collapse back in 2007/2008. So far, so good. Firm support is at $0, and until then, scented candles,throw pillows,and other useless bric-a-brac await. How many bamboo back scratchers does the world really need, anyway?