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American Eagle Outfitters, Inc. Message Board

  • sowned69 sowned69 Jun 8, 2007 9:14 PM Flag

    anyone know whats wrong?

    can anyone tell me whats wrong with aeo am i missing something?

    im still holding shares i bought over 30
    and i also bought more shares last earnings day pre market for 28.91 to avg down because i thought the earnings and sharebuyback where good news and that it would go back up...

    i've got more invested than i would like to have in aeo...
    i thought i would avg down and wait a few weeks for things to go back up...

    what am i missing? why do we not get any love?

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    • al_la_ca@sbcglobal.net al_la_ca Jun 8, 2007 10:55 PM Flag

      Don't worry it's all macroecononic sector movements. AEO is one of the best in the sector fundamentally. I don't think there is all that much more downside. I'd be surprised if it hit 25. If you feel like selling, I'd tell you to stop looking at the stock and step away. When you come back in a few months, you'll be in the green.

    • Nothing has changed. Outlook is bright, however...
      Guess and ANF seem to be beating expectations. AEO is not as "hot" as these others, if you need retail in your portfolio, funds may be shifting out and rotating within retail or out entirely.
      Perhaps the thought of 4 dollar gasoline will put a damper on summer sales.
      More aggressive selling than buying, thats all.

 
AEO
16.96-0.43(-2.47%)Apr 17 4:00 PMEDT