Anyone have an idea. everything has been pointing to stronger sales and upgrades.we were just @44
That #$%$ Piper still has friends short and wants to give them a chance to get cover.
Where is he seeing these markdowns? PJ didn't name one web site or company with a credible source.
cramer said this morning that PJ cut its estimates on DECK.
It is funny because Sterne Agee has a lower earnings expectation this quarter but a higher price target over the long term.
After running last week, I think it is taking just a breather. I'm buying more after selling some on Friday at 42.80. This is a good opportunity to add. Christmas not only yet.
Sentiment: Strong Buy