I have another possibility for decline, the ALIBABA IPO is gearing up which IMO will move money away from stocks to get in this huge IPO.
Thanks for your reply, you use the word "IF:, my question was how do you know if margin calls are issued? If so, how many and where do you find this kind of information.i.e, how many shares were purchased on margin?
I agree with this view. The entire retail market is down the last two days. Only those retailers that have taken a sever beating are holding their stock price otherwise the entire sector is down, even those that cater to the high end consumer.
No Portugese issues today, all retailers I track (22 of them), are down except SHLD JCP COH AND UA, KORS down another 1%
Should have waited if you wanted to make money in this stock, notice after hours trades are going for cheaper prices.
This company has Liquidated all of the long investors and IMO it will sit in a very tight range until 2 QTR 2015. Buying now will be dead money until improvements are better known and other legal issues are cleared.
Buyers of LL should have paid more attention to the name "LIQUIDATORS", that is exactly what this company has done to the shareholders not the speculators the long term shareholders..
WOW. normal trading is under 1M a day with almost two more hours to trade now at almost 8M shares traded.
Is it the shorts or disappointed long term holders moving this volume..IMO, this stock is now dead until 2Qr 2015 earnings assuming good news begins to show up then.
The question now is whether the consumer is holding back? Is the high end retailer still spending? Market received some surprises today. I guess we will get that answer when KORS reports in three weeks.
those that are happy with their purchase seldom write their comments. Responder are almost always negative not positive comments and IMO a worthless indicator of a companys performance..
Sub-Prime loans, about 80% of sales, made for items sold, that is why it will take several great earnings reports to get this stock moving back near all time highs.
I read whatever is posted and written as a part of my DD process. Yahoo board response time is too slow for me to outline the 9 reasons. You can find it via Yahoo when you do a quote lookup on NLY.
I agree with all 9, check it out. It is worth reading. I am now completely out of NLY moved to AGNC and very happy with the move.