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Wet Seal Inc. Cl A (WTSL) [hlAlert]

Rating:
Strong Buy
WTSL
down 98.99 %

Wet Seal Inc. Cl A (WTSL) rated Strong Buy with price target $7 by Ascendiant Capital Markets

Posted on: Wednesday,  May 29, 2013  10:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Strong Buy Wet Seal Inc. Cl A (NASDAQ: WTSL) on 05/29/2013. Previously Ascendiant Capital Markets rated Strong Buy Wet Seal Inc. Cl
A (NASDAQ: WTSL) on 04/08/2013., when the stock price was $2.98. Since then, Wet Seal Inc. Cl A has lost 98.99% as of 01/26/2015's recent price of $0.03.
If you would have followed the previous Ascendiant Capital Markets's recommendation on WTSL, you would have lost 98.99% of your investment in 658 days.

The Wet Seal, Inc. and its subsidiaries operate as a specialty retailer of apparel and accessory items for women in the United States. It operates two mall-based chains of retail stores under the names Wet Seal and Arden B. The Wet Seal stores offer fashionable brand name and company-developed apparel and accessories for teenage girls. The Arden B stores provide feminine, contemporary collections of branded fashion separates and accessories for women. The company also operates Wet Seal online that offers Wet Seal merchandise; and ardenb.com, which offers Arden B. apparel and accessories. As of April 7, 2007, it operated 435 stores in 46 states, the District of Columbia, and Puerto Rico, including 343 Wet Seal stores and 92 Arden B stores. The company was founded in 1962 and is based in Foothill Ranch, California.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/29/2013 10:25 AM Buy
None
4.82 7.00
as of 12/13/2013
1 Week down  -9.85 %
1 Month down  -22.08 %
3 Months down  -33.06 %
1 YTD down  -48.75 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2013 2:25 PM Buy
None
4.45 6.50
4/8/2013 8:25 AM Buy
None
2.98 4.00

(*) Stock Price at the time of the recommendation.
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