Liz Clairborne approaching Buffet Levels
Liz Clairborne (LIZ) is getting cheaper by the day, not dozen, and the shorts keep increasing their bets. This company is ruderless until a new CEO steps in which should be soon. Also, last week the company announced 5,000 job cuts would streamline Dana Buchman, Ellen Tracy, Laundry and Mac & Jane. Fair value is $38.34 with upper value of $43.59. The shorts ALWAYS get hurt shorting a good company like LIZ.

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