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Below is a list of today's twenty-five most distressed stocks (according to their Altman Z-Score or Z''-Score, respectively) with a share price of $5 or higher. For details on how this ranking list is compiled, please click here.
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zumz - LULU minus the growth
I found this short idea on a Yahoo message board and it does seem like a decent short.
ZUMZ is an overvalued retailer who sells trendy niche clothing that revolve around the "X-Games" type of lifestyle. Meh.
Growth seems quite anemic for a valuation this lofty, and insiders have been selling. Scottrade points out that there has only been one insider purchase ever. Nothing about this company inspires confidence, and it has attracted a whopping 20% short interest.
Technically the company looks terrible.
I need to do more research but there is a good chance I'll be shorting this come Monday, possibly along with HGSI / LULU / AKS.
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Interesting. Looks like they report all the necessary fields. I'll get them added to the database so we can get a Z"-Score for it.