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Michael Kors Holdings Limited Message Board

  • qofaslave69 qofaslave69 Nov 12, 2013 8:20 AM Flag

    S&P 500 Inclusion

    After the bell today. Funds must purchase around 20 million shares once KORS is included into the index tonight. I expect strong volume the rest of this week. $85 is not out of reach...

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    • The 20 million shares already traded today. Its all done. This is going down from here to 75.

      • 1 Reply to inftch
      • Inftch --Get a life please. Its all done? You post very similar to vulture who ran away and hid. . Now its 75 is it? Gave up on the $60 I guess. 41 million shares traded today. Most of those are now locked away in S&P 500 funds so they will not trade often. I really doubt the demand will dry up for shares since every fund is not mandated to buy the day a stock enters a index. You think they buy shares today if they thought the shares would be tumbling this week? Not sure we see any more new highs this week but I doubt we see a major blowup in KORS shares either. If you keep posting every day we make new highs and claim we are due for a pull back, well sooner or later that may happen. Shares will be higher before the next earnings report so why worry about the daily movements?

        Sentiment: Hold

    • Works for me...holding 10x May $85 calls bought at 5.40. Have a feeling this stock sees 95 by next ER in Feb. Not sure when I will exit the options, but thinking these could easily be a 3-4 banger.

43.53+1.87(+4.49%)Oct 2 4:04 PMEDT