Has Body Central Finally Hit Bottom?

Don't look now, but Body Central (BODY) appears to have hit bottom. After the huge plunge last Spring, the stock has spent the last 7-8 months flat lining. Now for the first time since a false attempt in September, the stock has moved above the 20/50EMAs.

Have the fundamentals really changed? Analysts have cut the Q113 earnings estimates from $0.34 90 days ago to only $0.18 now. The stock is signaling a potential change in the air. With the 52-wk high at $30.93, BODY could be a sweet gainer if the turnaround is complete. Just not convinced it is in the bag yet.

Disclaimer: No positions mentioned. Please review the disclaimer page for more details. 


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