This will be my final post. My work here is done. Look for 18.50 before earnings on November 19th and it will gap open higher to around 21.5 that day. My year end target is 23 and two year target is 42.
Good luck to longs!
Take care and buy your sweetheart some zales jewelry this holiday season!
after seeing what Potbelly did I think it's possible for GSVC to reach 22 on the day Twitter IPO comes out.
I think there will be a huge move up right after October 17th and then it will hover near 20 just before the IPO opens. with as much uncertainty as there in washington right now and markets still not collapsing i expect when this is over we will see 16k on the dow sometime in the spring.
Based on my charting analysis and doing field work at various malls across Texas I'm thinking we can see 17 just before earnings in early November. Earnings are out earlier than usual so I expect good news and a much smaller loss than expected thereby propelling Zales over 20 right after earnings. Longerterm, I fully expect it to reach 25-28 by next summer and looking 2 years out(October 2015), my target is $40 based on possible store expansion and improving margins.