Did you see the article I linked in post 18? Levi Strauss has made all the wrong moves for the past 6 years and the same management continues to fumble the ball. They floated a bunch of bonds that now have "junk" status, are trading well below par and have been shorted like crazy. This debt is now rated as "junk B."
Here is the basket they are currently putting all their eggs into. It will market at most or all Walmarts for around $30-$35. Real exciting product, isn't it?
