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GIL: Whack-a-Mole Alert

There's nothing out yet on the wire this morning regarding the prospect of a Broder Bros. bankruptcy filing. However, we just spoke with the Deputy in Charge at the Eastern PA District Court. Broder Bros. was not in their system that reflects filings real-time suggesting there no filing in that court last night.

Fot the record, we've stated all along that we do not need a piece of paper telling us that a company is in dire straits -- and just because debt is refinanced it hardly means that it makes the company healthy.  All it means is that life support will be prolonged. 

If I made apparel and Broder was my customer, I'd rather just get the pain overwith.