You're dreaming if you think 330,000 shares of a company under accumulation can drop the stock. If you watch the trading volumes shorts are covering on the dips.....and they are few and on low volume....I really like the long side here and added at 6.15 yesterday. GLTA
No shareholders on this board will influence sale price check ownership....and I don't they will be influenced by anything but fair value.
I thought you were BS'ing....from Scottrade
Latest News Headlines for Iconix Brand Group Inc
UPDATE: UK retailer Sports Direct reveals 14.4% stake in IconixThursday 01/21/2016 12:18 PM ET - Dow Jones News
Sports Direct International , a UK apparel and accessories retailer, disclosed a 14.4% stake in Iconix Brand Group Inc. (ICON) in an SEC filing on Thursday. Sports Direct owns 6.98 million Iconix shares. Iconix brands include London Fog, Madonna's Material Girl brand, home design company Royal Velvet and luxury brand Badgley Mischka. The filing is the second amendment to a previous filing. T, in which Sports Direct said it had an 11.52% stake in Iconix. Sports Direct purchased more than a million shares between Jan. 13 and Jan. 20. Sports Direct has made headlines for allegations that it underpaid and mistreated workers and is embroiled in a legal battle with the Rangers football club, according to The Guardian. Sports Direct shares are down 44.5% for the past 12 months. Iconix is down 84.3% for the same period. The S&P is down 7.1% over the past year
The last sentence may be negative to some.....to me it says they are battle tested and ready to fight. Buyout or merger who knows....in either case their financial strength takes refinancing debt problems off the table. JMO
This isn't a campaign but an audition for an upcoming role in "Orange is the new Pasty White".....and what about the body count they left behind?
OK so let me get this straight.....your friend, a lawyer, is going to poke around the SEC lawyer pool for inside information....yeah, good luck with that.
I believe you have it....new meat new treat....it's just their timing sucks for retail. Maybe the Briitts recent activity has caused haste.....maybe a buyout or partnering with another major to take the whole mess private....clean it up and come back to market when it's worth a lot more.....think Dell. Might stick around a bit longer.
"Former United States Securities and Exchange Commission attorney"
I hope he wasn't one of those SEC attorneys caught watching porn all day at work.....
Sports Direct International PLC Discloses 9% Stake in Iconix Brand Group Inc. -- Filing *Tuesday 01/05/2016 05:15 PM ET - Dow Jones News
Sports Direct is the UK’s leading sports retailer by revenue and operating profit, and the owner of a significant number of internationally recognised sports and leisure brands.
Our FY15 sales were £2.8bn, with an underlying EBITDA of £383m. Our FY16 H1 sales were £1.4bn, with an underlying EBITDA of £218.5m.
We operate approximately 455 sports stores in the UK. We have a large portfolio of globally recognised sports, fashion and lifestyle brands, including Dunlop, Slazenger, Everlast, Lonsdale, Karrimor, Kangol, No Fear and Firetrap.
So these guys sink 30 or 40 million in ICON after doing there DD which I'm sure included the SEC complaints and any other dirt that the street wants to throw out there.....mmm I don't think so....re entered today at 5.50 and think I'll stick around this time. Though trading this has been profitable.....we'll see. GLTA
No bounce here looks like the market will value at a 16 PE and mirror the S&P......I'll give it a few sessions into the new year then move on......nothing to see here.
Good fares.....embarrassing web site non existent customer service and the customer experience feels like they are trying to make you fluck up so you get ripped. Pay a little more and SAVE the aggravation for the kids....it's perfect for the milliniodits. JMO
" they'll do it again and, this time, soar, you'll see.".......before you can soar you have to be able to SELL.....and not 409+.....LOL
I would strongly urge that you buy a pair.....might change your whole outlook on the stock. Never owned anything as comfortable.....and at 39.99 vs my 100.00 Nike's that look indentical it's no contest. Now the only question will be durability....keep you posted.
Relax nothing goes straight up with no news.....did you count the 725 Dec 7.50 calls bought this morning.....very encouraging