APP American Apparel: Buying into debauchery and porn stars

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	Mike Barkett
	Washington, DC User since Nov 2007	52
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Buying into debauchery and porn stars

Inspired by the meteoric performance of Ashley's APP article I think it is time to get into this stock on a down day. It moves rather wildly, so the 10% down today could be the beginning of the end, but I am agreeing with Ashley here and taking a leap of faith and investing some real money in it for hopefully a 25% gain.

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What People Are Saying...

Josh Warner-Burke said at 9/24/10 11:54 AM Price action was $1.25 0.00 (0.0%)

So some real money, eh?

Ashley Rice said at 9/24/10 6:58 PM Price action was $1.27 0.02 (+1.6%)

lookin good, mike!

Josh Warner-Burke said at 9/26/10 10:09 PM Price action was $1.27 0.02 (+1.6%)

I am actually intrigued enough to consider buying into this, it seems to me that there will be a chance to buy it around 1.05 or so before too long.

David Sachdev said at 9/27/10 11:27 AM Price action was $1.20 -0.07 (-5.5%)

Earnings on 9/30. I may have to consider this as well after some DD

Mike Barkett said at 10/1/10 11:40 AM Price action was $1.40 0.17 (+13.8%)

dag yo I got mad dough today. Hopefully FTNT and FIRE come around now.

Josh Warner-Burke said at 10/1/10 12:37 PM Price action was $1.39 0.16 (+13.0%)

I suppose earnings were good?

Mike Barkett said at 10/1/10 12:44 PM Price action was $1.40 0.17 (+13.8%)

http://www.reuters.com/article/idCNSGE6900G420101001?rpc=44

Even better -- earnings no longer have to be good enough for creditors to avoid default

Mike Barkett said at 10/1/10 3:18 PM Price action was $1.41 0.18 (+14.6%)

just sold IRL for $1500 gain, not bad for one week. I'd like to keep it open, but I am trying to keep this relatively sync'd with real trades wherever possible, so closing now.

Josh Warner-Burke said at 11/4/10 12:39 PM Price action was $1.18 0.16 (+15.7%)

American Apparel is turning into a great way to gauge risk appetite in this market. Today with it up 15% that is a nice tell that lots of other 'risky' stocks will be headed up.