Stock Too Cheap!Stock is too cheap even for a "melting ice cube" if it is indeed one which is still a debatable point. Fourth Q is not historically a strong Q because they discount all of their merchandise in January to clear out their inventory. That said, I think this might be their best weak 4th Q ever given the back to work movement and based on US comp results albeit with supply constrainst and input price pressures. With no crisis in front of it, a clean balance sheet, lots of cash, an optimized footprint, etc. and terrific annual results - stock should be re rated higher.