It is obvious this can be tossed out with the other holiday losers. URBN,BBY,BBBY. and now COH. Why hold onto this puss when even sad performers like AEOS,PSUN,ARO,and CHIC are outperforming this dog? It is now in the dog house with HOTT although once again HOTT outperformrd it today. DOW up 55 points and COH down once again. The technicals imploded today. See you all in the 20's by February. OK company but like Walmart 5 years ago it got way ahead of itself. Look at the 5 year chart of WMT and that is the future of COH. Now that earnings are slowing fair value is 15x earnings. This places fair value at $16 a share. Like Walmart it will be lower in 5 years. I will cover at 22 as I do not want to be too greedy. Thanks for your sweeeeeeeeeeeet money.
I think you are correct to assume others are feeling same . COH is on last leg of 5 yr run. Game is all played out no more exciting story so investors are getting ready to wash their hands after many years of good ride. Even mgmts next year sell registration with SEC has to have some meaning. There are many good stocks with sold growth plan in place without any of COH's suspicious insider's sale orders. Think with unbias mind and make good business decision. Be open minded and logically analyze what you have seen in past two months. Conclusion is not favorable risk to reward balance. good Day