I think that large investors will not give KORS insiders the "gift" of a significant breakout the day of earnings report, instead they will be very cautious. Maybe I'm wrong but I think that this time will not see a breakout like Q3, even if Q4 results and 2014 guidance are good. On February 12 were traded 17,7M shares and only six days later, when the SPO was announced, were traded 20,8M shares. If I would take a good bite on the stock, this time I would be very cautious. What do you think?
There may be something to your post as the BIG BOYZ got burnt 3 times. If there was some kind of assurance of no SPO I would expect a 30% pop, I still however expect new highs but then again thats under 10% gain.