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$1.44: Won't Buy Coffee, Will Buy Am. App. Stock

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Some more writing on the wall that the apocalypse may be near for LA's own American Apparel: they're warning of dismal sales, can't file their last quarterly report with the SEC, and stocks have tumbled to $1.44 a share. Oh boy. And what does Dov have to say about these dire straights? "I don't know a thing about it." [LA Times]