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Michael Kors Holdings Limited Message Board

  • jc18630 jc18630 Aug 4, 2014 10:33 AM Flag

    Buy with confidence.

    Beat on profit. Beat on revenue. High volume capitulation sell off that found support right at those January lows. The global growth story is intact for MK. Buy or hold with confidence!

    Sentiment: Strong Buy

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    • I suspect the reason for sell off is in concert with their announcement noting shrinking margins as they expend in Europe. There are a lot of newbees on this stock and they tend to panic.
      Their product will catch fire in Europe. Of course it will take funds to expand. So now this becomes a story stock. Would be nice if we were getting paid to wait! They have a great product and just love their bags so I will stay long.

 
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