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Quicksilver Update: After The Squeeze, Still A Zombie Business And Terminal Short
2015-01-06 15:45:46| Apparel - Topix.net
ZQK stock has rallied ~60% since announcing abysmal Q4 earnings on hopes for an "end to the bad news" and massive short covering. Better-than-expected cash conservation and further scope for cost-cutting are hiding chronic underinvestment in the business, suggesting long-term downtrends in the business remain.
Tags: business
short
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Category:Consumer Goods and Services