This is a luxury high end retail.. ask the rich folks in Metros they all buy WSM stuff. Even presidents house is decorated with WSM stuff. These people don't have cash crunch even in down economy.. I think Williams sonoma had a great christmas quarter.
in 08-09 they fell 89% .. well this is 2014..so it will fall 2.014% more at the most ..so right now is great time to buy !!
But the stock is up AH? Is this a manipulation again? Won't be surprised if this stock goes down tomorrow. JMO
lmao sorry about your puts tomorrow...
cnbc Fast Money Boys were surprised also....Probably AH manipulation
gots to reward as well as punish dem companies that "beat" or "disappoint" but 10% seems enou' for now as the market overall is unable to hold its gains and has sunk to red. As a best in class, however, WSM may see some more upside if the general market gets back on track to dat green side. ... but 10% .... seem overcompensation from the irrelevant but nevertheless persistent subjective perch.
Time to ride it back down to $ 62.50 so the Hedgies can begin to cover their shorts. It's been a good ride up and now time to sit back and ride down!
Sentiment: Strong Sell
The wing-nuts trading this are so oblivious to the broader market I get the feeling they will pin this close to the high of the day regardless.