I hear what you are saying but if you have followed KORS that way I have for the last 9 months, this is how it trades, nothing I mean nothing can move the share price. It just cannot have a sustained rally. It always gives back the gains. There may be more downside before earnings, I don't know but I sold all of my position today and will wait for a better entry point. It seems there is heavy selling pressure above $60, maybe insiders are bailing. I still think they will crush earnings May 29th.
The only price action you get from this POS is downward spiral. I know earnings going to be great but the way this is trading implying a miss. I am long and frustrated.
Technicals mean nothing with biotech stocks trading on binary events. First catalyst, filing of NDA in second quarter, second catalyst FDA's response 60 days after the NDA filing, 3rd catalyst FDA advisory panel meeting, 4th catalyst FDA decison date. If all goes well, this will be trading in the high teens ($15 - $19).
Cody was also saying RVBD going much higher in the $20s, now $15 ... he was wrong then, he is wrong now !
okulawd: grease yourself well and sleep tight. Tomorrow the pounding will begin, sharp at 9:30 AM Est.
Sentiment: Strong Buy
You've been reported to Yahoo for either spreading false rumour or sharing insiders information.
We will soon find out your 'reliable source".
Don't get too excited now ... looks like you will be the one bending over tomorrow ... please apply lots of KY where the sun don't shine. LMFAO
Anyone know what sales projections are ?
Thanks and Best of Luck,
Keep shorting ... you are in for a BIG surprise ! The "tricks" they played last Q will seem meaningless when they report in a couple of weeks.
Sentiment: Strong Buy
What's your point ??? You are trying to co-relate your taste buds to current share price? My friend, no one here cares about your experience at the restaurant, good or bad. LMAO
Check the company investor relations page.
shares245 ... you are wasting your time here ... you've been shorting this from $90 all the way to $178 ... must be really hurting ... fools just don't get it ... this headed to $190 - $200 in short order ... keep shorting more ! LMAO