Some of you may remember the post, Build-A-Bear Workshop gets torn down in which I stated that you might want to look into picking up some Build-A-Bear on the short-term weakness. If you did, you would be sitting on about a 15%-17% gain. The company announced the following today:
Build-A-Bear Workshop Inc. said on Thursday it has hired Lehman Brothers to help it evaluate its options.
Regardless of the quick rise, I believe that Build-A-Bear still holds long-term value and is still well below where it dropped earlier this month.
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