Bavaris, This "report" is just noise, and a wise trader once told me to never trade on noise. Nobody really believes KORS sales are slowing. The longs must wait for the next data point. They have the luxury of buying KORS shares at a lower price. If the stock trades down to $50, then you will have a double from there. But, it will be one wild ride...gotta love it!
Where are you looking?
Don't let emotion or money cloud your judgement.
OTR did not deny the report either, & giving false info on the net as facts is against the SEC rules & regulations & can land you jail time if you profited on known false info.
All this with mgmt selling 70-90% of their holdings since the IPO. Now, thats really leading by example!