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Abercrombie & Fitch Co. Message Board

  • buylow40 buylow40 Nov 23, 2011 9:32 AM Flag

    Slight concession in margin justifies 50% cap loss?

    Horse sh$t.

    No reason for this huge selloff.

    Someone is driving it.

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    • I agree, and what is driving it is panic and fear. I've been long since the lows in '09 and I've learned not to underestimate these forces, especially fear of loss. I still remember '08 - '09 when many great companies were selling at 5,4 and 3 times earnings. Many of those companies are up 400%, 500% plus now. Starting to see some other stocks begin to drop like back then. BTW, this is the 2nd 40% plus drop in ANF in the last 2 years.

      Best of luck,


    • Well, I'm down around 1.5% on paper, in one day, damn.

      I'm with you, it's way oversold, a 20% rise in sales, and they sell is off like madmen?

      Trying to take adavantage of it, my stupidity in not realizing the German Bond auction yesterday and the China and European PMI reports.

      All stocks are now at an 85% corralation to the S&P, to bad for a fundamental guy, at least in the short run.

24.15-0.27(-1.11%)2:46 PMEST