Solid Dec Retail Sales Number/Bounce off the 50D ema
Talk at the hedge fund circle jerk table this morning:
"So wait, you mean the reality that SCSS and LULU numbers were teh suk does not mean that all retailers had lousy numbers? Holy S! That means we need to cover all those shares we've shorted down since $55 and the SCSS deja vu announcement that no one wants to buy THEIR products."
TPX's press release for the showcase outlining the updates to the Breezeair line are great, and sales are going great because people want a quality bed when it is time for a new one or they move.
We added yesterday on the bounce off of the 50d ema and feel bad for the longs who panic sold out right before this rips back to the recent $55 before roaring ahead to $75 this year. Thanks to the dip S algo players instructing their nub new college grad programmers to slam this down for us -- those putzes need to cover that several million shares short with the buy program now. Delightful.