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Is pier 1 imports in financial trouble?

financial imports pier
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Is pier 1 imports in financial trouble?

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Word has it that the price of Pier 1 stock is not a true indicator of the company’s financial condition. It has more to do with actual cash flow and it has been indicated Pier 1 has considerable cash flow, in addition to more brand appropriate merchandise that is appearing in the stores Pier 1 expects to survive and, as the economy turns around, even prosper. Confidence is high!

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