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NexCen Brands Inc. (NEXC) [hlAlert]

Rating:
Buy NEXC
down 98.30 %

Nexcen Brands, Inc. (NEXC) rated Buy

Posted on: Friday,  Sep 21, 2007  11:25 AM ET by CL King

CL King rated Buy NexCen Brands Inc. (NASDAQ: NEXC) on 09/21/2007, when the stock price was $7.44. Since
then, NexCen Brands Inc. has lost 98.31% as of 09/24/2010's recent price of $0.13.
If you would have followed this CL King's recommendation on NEXC, you would have lost 98.3% of your investment in 1099 days.

NexCen Brands, Inc. is a brand management company that owns and manages a portfolio of seven franchised brands. Five of the Company?s brands (Great American Cookies, Marble Slab Creamery, MaggieMoo?s, Pretzel Time and Pretzelmaker) are in the quick service restaurant (QSR) industry. The other two brands (The Athlete?s Foot and Shoebox New York) are in the retail footwear and accessories industry. All seven franchised brands are managed by NexCen Franchise Management, Inc. (NFM), a wholly owned subsidiary of NexCen Brands. On October 3, 2008, the Company sold the Waverly brand in the home goods industry. On December 24, 2008, it sold the Bill Blass brand in the apparel industry.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/21/2007 11:25 AM Buy
None
7.44 9.50
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD down  -69.26 %

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