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Gildan’s drop: a buying opportunity?

On December 1st, Gildan, the sportswear manufacturer, warned investors that it would realize a loss next quarter and lowered its 2012 full year forecasts. The stock has reacted strongly, falling from $24.50 to $16.50 before recovering slightly. At this price and considering the latest forecasts, what should we do with this stock? 

Read this French article on Les Affaires [1]