This is just Crazy!

[Trongersoll]

The Kids must be spending, Hot Topics - HOTT +10.51% just today.

[rovo]

From MSN:

Hot Topic, Inc. is a mall and Web-based specialty retailer operating the Hot Topic and Torrid concepts, as well as the e-space music concept, ShockHound. It sells a selection of music/pop culture-licensed and music/pop culture-influenced apparel, accessories, music and gift items for young men and women principally between the ages of 12 and 22. At Torrid, the Company sells apparel, lingerie, shoes and accessories for plus-size females principally between the ages of 15 and 29. The Company sells merchandise on its Websites www.hottopic.com and www.torrid.com, which reflect the Hot Topic and Torrid store concepts and sells merchandise similar to that sold in the respective stores. At ShockHound, through its Website www.shockhound.com, the Company sells music merchandise and MP3s. As of December 31, 2009, it operated 680 Hot Topic stores throughout the United States and Puerto Rico. In March 2011, the Company announced the discontinuation of the ShockHound.com business operations.

[rovo]

HOTT appears to be losing money but is projected to be profitable by year end. Fundamentals are terrible from my perspective but they don't appear to have any debt.

[Trongersoll]

Heh, yeah. Apparently most Retailers are way up today. The thing is HOTT has been rising for about a week or so. I guess the fortune tellers were anticipating a good quarter. The next quarter isn't expected to be as good so i don't get why anyone would be getting in now at this price.

Wish i had more than 6 shares

[Trongersoll]

Hmmm... FIATY up 5.42% today for no apparent reason that i see, must have fallen too far over the last week.

[yclept]

"Wish i had more than 6 shares"

I hope you have some sort of no-commission account. Paying any commission on 6 shares of an $8 stock is insanity.

[Trongersoll]

I've never claimed to be sane.

[Small Biz Owner]

So if you triple your money the commissions are covered. Big IF though.