Vera Bradley has warned on 4Q - hand bag maker is over priced just like COH...Expect heavy selling...in addition, market up 900+ points - pull back coming!!
Will not happen with coach....hedge fund has been loading up!!!
I think the funds are selling into this Santa Clause Rally.Should drop to lo 60s soon, IMHO.Good luck.
who like those old ladies quilted bags anyway !! The Coach stores are packed especially at the outlets.
COH has already warned for next quarter that they expect to make all long term holders very happy this holiday. Better try another stock to short.