Jos. A. Bank: Limitations of Algorithmic Investing

Jos. A. Bank: Limitations of Algorithmic Investing by Jordan S. Terry, Managing Director Stone Street Advisors LLC Earlier today, I came across this interesting piece of “research” identifying Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) as a compelling long opportunity. For those out of the loop, Jos. A. Bank Clothiers is in the process of being acquired by The Men’s Wearhouse, Inc. (NYSE:MW) for $65/share. As you can see, since Men’s Wearhouse made its most recent offer (raising the price to $65, that is), JOSB hasn’t exactly been a great stock to trade, to put it gently. To wit: Jos. A. Bank announces higher…