Years ago I made some serious money trading this stock. Heck, on one over-reactionary stock market downer I put 40% of my entire corpus into ANF. I was rewarded with a 30% gain in ten days.
The stock never me lost money. But the company became uncertain. I went to other stocks. Days, months and years passed. ANF was simply too 'iffy' for me to trade.
It is back on my Watch List as of today - for potential buy. All these years later.
Good luck all,
Don't confuse one store's content with profit. Or maybe your 'short' refers to size? The Company's EPS future looks solid. MW might drop back to the $47 range based on projected income, but not much further IMO.
Disclosure: No position at this time.
Bagofswags has proven himself (or herself) to be a moron. Remember @ $52 when Bagofswags was saying that Netflix was going bankrupt?
HOWEVER, at $478 NFLX is seriously overvalued IMO.
Netflix management pursued original content imagining themselves as a creative network. Since anyone could rent movies, they desperately needed a competitive edge.
From what I have viewed thus far their original content is a bust. They have sacrificed a superior movie library to finance it. I have been positive on NFLX (and made lots of money with them) but at this point the future seems iffy. What has saved them is lack of competition.
Rule 1 is to find an investment strategy that is compatible with your personality. Rule 2 is 'Purchase at the Bottom.' It is more important figuring the initial 'buy bottom' than the 'sell top' which comes later. If you buy at the bottom, there is practically no risk. Make money. Fire up the Cessna.
My buy fundamentals - which is why I am $8/sh up (this stock) in less than two months. Talk is cheap.
'Pumped?' What evidence? MW has value in this high market. Pays a div, has FWD PE of 14.
Disclosure: up nearly $8/sh since initiating in mid-December.
I don't know who is carrying who. The elite in this nation have physical security. They have lawyers and judges carrying their water. That is worth a lot.
But I AM conservative.. No one should get a disability check unless they work. If the right hand is broken, use the left. We need full school vouchers so parents can decide - between public school or private school or home schooling. We need mandatory public service conscription so everybody contributes. We need tough prison sentences imposed on those who enter our country illegally.
Paying 'fair share' is the least of our problems. It is divisive. It is moot.
You need to get your facts straight. And learn politics. Even my liberal friends agree Obama has been a 'do nothing' and Obamacare has been a disaster.
Suggest you study investing - seriously. Men's Warehouse is a simple 'no brainer' read.
It was a great investment if you bought at $15 and sold at $22-$24. Stocks are about timing. For me GE has been a solid intermediate trade every three or four years. I have made of trades over the years. GE is also a good day trade occasionally because the stock reacts predictably (positive correlation) to overnight world economic news.