Just checked in and seen this post. This makes me sad. I'm sorry. Why does life have to be so cruel? I don't understand. I know you will be missed for sure! Godspeed.
And a PE of 25. FIT is very much a trend. Don't see it around or as popular in 5 years. Guess same could be said of KORS too but it most definitley applies to FIT. COH will not come back into popularity though. Once you're a "mom" brand, you say a "mom" brand. Something else would have to overtake KORS just as KORS overtook COH.
This "stock" is a joke...complete diversion from actual company performance.
Things I came across this weekend: A) on FB a lot said they received MK goods for Mother's Day (watches, purfume, shoes), B) a purse I've been eyeing was sold out online in 2 colors, C) another purse I was interested in and wanted to see ($358) in person had limited availability at the 2 malls that are closest to me (meaning not a lot of stock left/must be selling well).
The analysts are complete and utterly clueless bo-obs. Probably a bunch of 60 year old men who haven't a clue what's in fashion and what isn't...probably the last ppl you would ever want to go to for advice on women's trends...
A purse I was interested in on the MK website was sold out in 2 colors. Take it for what it's worth. They're obviously selling well to be out on the actual site.
After COH's earnings, this stock should have been $70. There's no mark downs..lol Been proven TIME and TIME again. Analysts are trying to play naive investors.
This just makes me think of AAPL when they took it from 700 to 400..now it's trades equiv. to 896 (pre split $'s).
Read the latest Seeking Alpha article...
•Company long-term growth potentials look attractive due to attractive investments in key growth generating categories.
•KORS will address competitive challenges with intelligent initiatives in rapidly growing categories.
•Analysts are expecting a healthy next five-year earnings growth rate of 21.33%.
Somebody doesn't like to hear the truth. This board is complete and utterly useless!
None of my other companies preform like KORS (3-5% growth) but htey're all up 30+% this year..lol
I mislead investors...lol! Yeah I have a lot of pull with investors...you are kook #2 on this board.
As if we can't walk into a store, say Macys and see for ourselves this is total BS..Lol! Pleae please I beg you to give me one retailer with such discounts. You can't. I would live to get such a good price as I'm in the market for KORS items.
Seems your trade is turning on you.