Tough spot with retail in the limelight. Even retailers with earnings misses are climbing because of higher projections due to low fuel prices. I would not be short
If your expecting 25% drop that is laughable. maybe top 8% but I think its heading towards 10. The pulled market share from overpriced Macy's
I wish they would just post earnings and get it over with. Geesh. already 7:30
“I think the year ended on a nice note. I’m not disappointed,” retail industry analyst Marie Driscoll said. “I’m not sure what people expected. This is going to be a slow process, and they’re holding their own and improving market share.”
I sure hope not I dbl'd down @57
Sure glad the market refused to fill my $6.75 bid. Guess I wait a week or two for the low $6 mark again.
Just one word for you. "idiot", or I should say I am for thinking you knew what you were doing when you significantly downgrade 2 days before earnings. Luckily, I only sold half...but what the pain is today on those sold shares.
A rule established by the Securities Exchange Commission (SEC) that allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own. Rule 10b5-1 allows major holders to sell a predetermined number of shares at a predetermined time. 10b5-1 plans are used by many corporate executives in an attempt to avoid accusations of insider trading.
I came so close in getting in @ 6 now one has to wonder if they will drop it back to the two's until there are actual earnings.