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Urban Outfitters Inc. Message Board

  • kosta_the_great kosta_the_great Sep 20, 2013 10:58 AM Flag

    How much more corrupt market can you get.No wonder the volume on stocks is gone. No retail investor wants to

    contribute to this Ponzi scheme. URBN might have to restate earnings, but yet, everyone from Motley to brokerages are pumping this every day, just to create a little volume so they can get out.

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    • I gave you the "thumbs down" because I disagree with you. I see great value in URBN with holiday season approaching. Free People is an terrific asset with tons of potential to go with their already outstanding same store sales grown that is geared towards professional women and not teens. That is just a couple of reasons I disagree with you and see URBN as a strong buy especially after the "debt ceiling" situation is handled in Washington. I don't see URBN going any lower than $37 and see a low price target at $45 and high of $50 by end of the year.

      Sentiment: Strong Buy

      • 1 Reply to adsmith2036
      • OK. good luck with that. Just hope. Three weeks ago they had record earnings, then they warn about earnings. This is just another JCP, ANF, ARO, there is only so much you can lie. Creative accounting is great, the CEO and insiders are selling at 43-44, and Cramer and Motley pumping at the highs. I just hope you didn't buy then. Now, once again, no volume so more brokerages coming in to pump, in order to create some volume and get rid of their shares. Paulson got indicted, this is his 6th larges holdings, he will be forced to sell. You understand-I hope- you cannot sell millions of shares on open market without denting the stock-especially- since this stock has become a joke that can barely make 1.5 million shares a day. Let me remind you, only few years ago it used to do 6 million. I'm not long or short, just like to follow the retailers.

 
URBN
25.86-1.04(-3.87%)Jun 24 4:00 PMEDT