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Michael Kors Holdings Limited Message Board

  • creativeforce65 creativeforce65 Mar 19, 2013 8:14 PM Flag

    i have say the goldman upgrade has no bearings on this one !

    kors might be dead until fresh set of earnings come through --therefore its dead money
    "dead for nine months now "-- all due to the 3 liquidations --
    insiders should be buying not selling -- it killed whatever - the momenentum the name had
    its has no respect for 50 day line -- over and over its penetrates the line-

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    • Creative, you have a good handel on the situation, just like the previous SPO's we are range bound as it seems between 55-60. The one thing is we are basing above the 50dma, last time we were below. While the rest of my portfolio & I'm sure most others are near or at 52 week highs, here we are approx 15% off its hight most likely till earnimngs in June. Just like before all the great words from Goldman Sachs are wasted, & as Jessie Livermore said around 100 years ago & is true today there is nothing new in the market, & in this case the KORS.

      While mgmt in most other companies rack their brains to INCREASE SHAREHOLDER'S wealth, we see where this mgmt's criteria is.

 
KORS
62.16-1.09(-1.72%)Apr 20 4:05 PMEDT