This is the honest, 100% verifiable truth. My dog was puking her guts out this morning. Take it for what you will....
We've decided VFC may be worth a nibble pretty soon though...time to start building a position...you gotta love the fundamentals of this cash cow (my dog loves chasing cows). Obviously, if it doesn't hold in here pretty soon, it'll be hitting the deck at 55.
Which management? The old manaagement? The new management? Or both?
I have to agree with you about getting paid 3% just to hold though. Only thing that could be better is going to be getting paid 4% just to hold.....which you'll be able to get if you buy Christmas week when all the tax-loss selling peaks.
Only thing that could change my mind is if Cramer decides that rather than buying this stock at 95, and 85, and 75, etc., you should be selling it at 65....NOW THAT WOULD BE A STRONG BUY SIGN! He'll have those sheep at the Motley Fool following along with him I reckon.
North Face. North Face. Yadda, Yadda, Yadda. At one time Abercrombie & Fitch outfitted Everest expeditions (before the summit was reached) and trips to the Poles. Now look at the crap marketed under their brand name. My sources tell me that a sponsorship deal will soon be reached between North Face and a popular NASCAR driver....that'll really drive earnings....for about 2 quarters.
On the bright side, Brett Favre is GOLDEN, GOLDEN!
Those 75 calls should be a great tax write-off before year-end. All you North Face fans had better be sure you are securely "on-belay," because once this thing breaks down below 70, it's gonna be ripping out all your 'pro' until the bomber anchor at 60 holds.