Rumor: Michael Kors down on conjecture of weak May data
Wonder how that rumor was started? Could it be after Joe Parsons was so damn cautious at the PJ conference yesterday? Obviously, nobody liked what Joe said, or did not say.
Memo to KORS management:
Do not send Joe Parsons to the next conference. The firm is better off staying home...
KORS always recovers. Crazy recovery power. Love daytrading it.