Sportsware still has over 10 million shares, these prive equity venture capotolists have no loyality except foor the buck. Unless they decide to keep this as a long term investment (?) I woulod't be surprised if they finmd a way to get out as its all profut for them.
I think the SPO was likely the last one, they have collected what, over four billion less taxes.
Sportswear Holdings is now down to 5.8% and MK has 2.4% and John Idol 1.1%.
40% average same store sales the last 6+ quarters, I expect it to decline but wouldn't be surprised
if it hangs in there.
Michael Kors has a face to it. Coach is a brand with no face. This may be a big point of their success.
If I was Coach I'd be hiring the winners from "Runway" and featuring them and their products for some
period of time.
Now, what is the betting line as to weather the company will pre announce upped guidance mid March???
You know more about this firm/stock than I do. It keeps popping up on my screens as I look for a growth stock to purchase. Nobody knows if this is the last SPO? Their trend indicates there is more insider selling to come. However, they seem to rely on their current growth rate to prop up their shares? And they may be right?
I plan on initiating a position under $60!