Im not in but been warching - If it holds above 29 Im going long. The damage has been overdone. Good for a trade to 31
Im glad I got in @ 29 ish but this has moved fast. Looks like the Trade should be moved up to 33 or better. All the shorts will push it up along with the jefferies upgrade.
You better have a trail on it.... 40's are looking much more realistic after this upgrade, even sooner than I thought.
Sentiment: Strong Buy
I don't predict bottoms - I simply buy when I believe there is a bargain to be had.
NFLX went down on earnings and just rebounded back 30%+ on acquisition rumors.
Maybe DECK can get started on that to get back to $40!
From 29 we'll see at least a 15% move by New Years, maybe more. I'm thinking about $34-$35.
Short term bottom yes- long term it will go to 0 after they file for bankruptcy.
"good for a trade to $31", can't argue there, emphasizing the word "trade" and "31"!