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Urban Outfitters Inc. Message Board

  • kosta_the_great kosta_the_great Oct 2, 2013 12:52 PM Flag

    This what I think is happening with this stock. On September 10, they announced that they will miss, however , since

    then everyday institutions come out along with Cramer and Motley telling us how great this stock is and how it is going to 46. But, it is not going anywhere. The one minute chart I have been watching everyday and Level ll is that institutions are trying to get out. They take the stock up 25 cents on 400 shares and then they dump 7 thousand shares. It is obvious that they are not trying to get in, they are trying to get out. Moreover, I wonder, with the lawsuit, if they are going to re-state earnings. Something to watch out for. Look at ANF, JCP, ARO, AEO and the upgrades they were getting at 52 week highs. Something to ponder on.

33.74+0.16(+0.48%)4:00 PMEDT