What's in store for The Reject Shop?

A profit downgrade last week slashed the retailer’s share price. Should you buy or checkout?

In my recent Clime Growth Portfolio review (published on the January 22, 2014), I mentioned that the share price of The Reject Shop Limited (ASX:TRS) had moved to a level that required me to review the holding.

At that point I suggested that a share price of $18 would (in the absence of significant new information) cause me to exit TRS.

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