The cupcake retailer will kick off a scheduled Aug. 21 auction with a $6.64 million credit bid from Lemonis Fischer Acquisition.
Aeropostale shares were surging 8.6% to $3.52 in post-markets trading after the struggling teen retailer said it was replacing its CEO.
A prime opportunity to take a bearish position in a company that is ridiculously overvalued.
After a 3,700% increase last week, Crumbs is set to drop on bankruptcy news.
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