The institution that is selling off every morning
seems to keep us from going up. When that stops I think
we will start going up. Ihave been buying mbg for
the last three days. There has been large buys at the
ask. I bought more just before the close. There was
100,000 shares to go there at 18 1/2. I believe that if
this stock opens up past 18 1/2 or blows through 18
1/2 tomorrow something is up. Won't have a feel
untill then. I think ksws is doing just fine beacause we
are not loosing groung and somebody is buying. I saw
80,000 + shares trade at the 1/2 to 9/16 being long on
the 9/16 side. Should open up.
about 2 1/2 times the May shorts. Today was
interesting the mm is certainly making a lot of money. I was
in the middle of his bids and ask then I lost him
when I bought at 33 5/8 he ran it ot 34+. Someone was
very strong on the bid today I saw size behind the bid
for the first time on ticker and tape. Has anyone
seen this weeks results on the top five selling shoes.
it appears that the sellers have dried up
(relatively speaking). Hopefully, we will stay in a tight
trading range this week and next. Probable too since we
have soooo many numbers that are going to be dropped
on us this week and next. I think after the market
digest's Greenspans probable rate hike on the 20th, the
market will pause then move on. I believe that the rate
hike is already built into the market, however, most
investors are cautious, if not pesimistic, until reality
unfolds. I think that it will be healthy, if not critical,
for K-Swiss to base for a couple of weeks before
moving on to new price levels. What do you think? Should
we all short the stock now?
Just kidding everyone!
The advertising budget is mostly discretionary.
Most advertisers adjust their ad budgets downward if
they need to make their numbers. The ad campaigns are
usually cancellable in full or in part at the discretion
of the advertiser. This is usually true for local TV
ads. However Network TV and some Cable TV is
non-cancellable. Print ads can be pulled before the publication
You might be right.
Its my understanding
they spent $0 before '97, aprox $2m in '97, about $10m
in '98, $10m 1st half '99, and expect about another
$10-20m for the new x-trainer campaign introduced in
vegas last week.
IMHO, the more adds we see on
tv (thats good), the lower the blowout is likely to
be in q3 and q4.
What happens to the stock if
they dont blow out or expectations and earnings get
lowered to pay for tv while sales continue to skyrocket?