there's a lot of strength going forward. Huge volume barely dropped, a lot of buyers waiting for the overreaction and opportunity, they missed by a penny for God's sake, with a big increase in sales, with more costs for expansion. They are consistently making money and keeping more of it, the balance sheet is great and the growth is here, Wall Street has the patience of a gnat.
it had run up quite a bit, so you saw a little profit taking. .Buyers waited for dust to settle before really stepping in. Going much higher near term, great long term conviction buy as it expands it offerings and grows it brand domestically and internationally !
the issue is that shorts keeping jumping in whenever they THINK they smell something. They've been wrong every time for the last 3-4 years that I've owned this stock.
I noticed something VERY interesting in their last announcement/statement. International sales SEEM to be about 50% higher per store than in the US. I didnt do a deep dive on the analysis, but that's what it looked like on the surface. If that is the case then that much more kudos to JMorgan for focusing so much internationally instead of domestic! Impressive numbers to come over next few years!