$590 is a given but which way from there is the outstanding question
based on the higher costs and less traffic due to storms. I believe that is the last level of support.
When they get out it will be slaughtered. they are a very fical bunch and the weather in the Northeast is hammering stores. Many are closed as employees can't get in even on college campuses. Not a good sign for same store sales nor is it for the costs and margins.
91.7% owned by institutions. When the ants go marching 1 by 1 jump ship, jump ship!
Mayday is coming
Sorry the govt. could care less about counterfeit goods as everyone knows there are all out stores with counterfeit apple items all over. They were embarrassed by MA and they are going after him and BABA by going to the deep pockets.
Why you should never invest in China.
This is going nowhere but down. Want to bet a competitor to BABA is coming?
The Communist govt is going to bring BABA back down to a wee sized company as they went against the powers. Just not allowed. Ma is seen as a PROBLEM to the government and BABA is going to take the fall for it.
yeah, you really think the govt actually cares that fake goods are sold? If they did, half of the exporters would be out of business. This is all about an all out attack on Ma!!!
Only way this moves beyond this point is if their same store sales are 25% higher then expected and growth numbers. This will plummet hard with a meets. Current valuation has 30% more than analysts expectations priced in. I don't see that happening. I'm not a short. Would love to hear others critiques.
hmmmmm then why are people selling the dog doo yahoo and buying google?
marketing for a place marketed to millenials is very different than that marketed to Target and Sears consumers who look for coupons and discounts.
Milenials want to be treated like gold and don't mind paying for it.
Remember when the Apple guy went to JCPenney and the abject failure?
Well the reverse is also true.
Look at twitter hashtags and see what is now said vs. when they opened. Chipotle is no longer the "place". What once was 98% positive is now substituted by equaling their food to a public school line and much worse. Milenials care what their friends think....
You only coupon when you have to... they can't raise prices again. Same store sales are falling. Coupons are an embarrassment to teens. They are losing their cool.