maybe 3-5%, but probably not..5% has already been built into the price
whatever bump we get, it will eventually pull back as the day goes on
however, in the next month, coach may recover into the mid 30s
the downside is that despite the great performance indicated, investors are scared of consumers goods right now...it's the speculators (yeah, including the big boys if they think they can take some quick profits) that will drive this up immediately, if it does jump
more good news here is that both barrons and coh can be relied on to tell the truth accurately
OK....I admit that my hope for a $31.25 close was way to high. I know that the CEO here was very unhappy with the way the market treated his results last time, and really wanted to present a great quarter this time. I thought that he might even predict a better forward quarter and year(although what he has guided is excellent). I think you win, but I am hoping for 5% bump today. There were a lot of investors that perchased $30.00 options for August. If this does not move above $30.00 today, I agree with you that it will fall back some due to the lack of faith and money in the market right now.