American Apparel...I Don't Care

No,,,I don't care about the stock price ($APP). I don't care about what it does in the next five minutes or ten or a week or a few months. I don't care one bit.

If you care about the price, I am the wrong person to ask.

I care about the business. The yardstick is the business. I care how about they are eliminating the backroom in most store and increasing selling space by about thirty percent. I care about the new distribution center and how that will improve operation and margin. I care about some stores comping at ninety percent in Asia. I care about EBITDA margin reaching up to twenty percent.

I care about the business. Other than that I don't care.

If you want to talk about the essence of the business, I am willing to spend the whole day talking about it.

Written by Michael Bigger. Follow me on Twitter and StockTwits.