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Q: Peter and His Wonder Team
Guess is a clothing company which caters to the young and trendy. It is international and has a high visibility brand name. I know retail is devastated and there will be bankruptcies large and small. However people still need cloths. On the plus side they have a strong international footprint, there online marketing is strong and there clothes are most affordable for there young clientele.So I am wondering if this company has what it takes to survive this crisis. I do own this stock and of course am underwater. So I wonder what to do...double down at such a low price, just do nothing or run from retail. Your thoughts are always of great value for retail investors as we manage our portfolios...thank you immensely.
Read Answer Asked by Ernest on May 15, 2020
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