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Saks Incorporated Message Board

  • elnorahoweth elnorahoweth Apr 1, 2011 2:19 AM Flag

    SKS - 4 Insiders are Selling Shares of This Home Run Online Retailer

    SKS: 4 Insiders are Selling Shares of This Home Run Online Retailer

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    • Why post on SKS. We know that there have been insider saleshere as well. This happens as a reward to move the company results forward and in SKS they in fact had a banner year and off to a great start this year. March sales are sensational and they will be anounced soon. SKS has been the sales growth leader fordepartment stores for quite sometime now and will remain very strong as the high end buyer is back in the consumer game.There is no fundamental reason for the stock to be off it's recent high and no doubt it will return. If not through the normal market place the idea ofthem being bought out is not out of the question. Best of luck with your short but if you are short below 12 you will be givingme yourmoney as it will go up from here. When ? Not sure but there is a long string of months of sales increases and qtr year over year profit gains. This is going to continue so thanks for the crafty post but this is an AMZN issue. Frankly not even an issue there .