People are tired of paying up for their products. I'd rather pay a fraction of the cost and replace each year than have Coach goods that last longer, but go out of style. This is also a very crowded market...sooo many premium brands, most of which are easily ripped off with Chinese imitations. Good luck if you own this. I'd rather not waste my money.
When a stock that I owned dropped like this, but when you know that you have a long term winner, just close your eyes. I bought stocks that later dropped 50%, but 3 years later I was up 400%. Just keep buying and ignore the noise. BITA is one of the best growth stories out there and this stock will be over $200 in 2-years, mark my words!
TMO is not a bad pick. I just sold it because management should do better on return of capital. They are growing thru acquistion, but need to shed some unprofitable lines. Stock is going up but so is entire market.
MSFT at best is a dividend payer.
and why is it better than the competition? Aren't there low switching costs to change to other providers?
Stock is overpriced here
TJX or Kohls can offer same thing.
Hard to take someone seriously with a name like "Wedbush". Bush is why any man gets married.
Large grocery chains offer same discounts, but you just have to coupon or wait until things go on sale. My wife never shops at these stores. Most are located in remote areas or ghettos.
Volatility is how it is with these small caps. They drift all over the place. You have to believe in the story long term. i know the new Sprouts down the street has been packed now for a year. My wife loves shopping there. I think they will be fine, but I've learned not to play the average yourself down to the poor house. Best to just sit back and not look too often. I want to own this one for 5+ years. That always works best with small cap stocks. Close your eyes, go do something fun and ignore the gyrations that drive you crazy.
Si is a man that knows the Bible and is not afraid to take a stand for what is right.