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.