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The Coca-Cola Company Message Board

qofaslave69 502 posts  |  Last Activity: 14 hours ago Member since: Nov 6, 2005
  • Reply to

    Gap up

    by lorreenw Mar 26, 2014 5:01 PM
    qofaslave69 qofaslave69 Mar 26, 2014 5:29 PM Flag

    KORS is 9% off its all-time high, and is actually holding up really well in comparison to many other growth stocks who are trading below their 10 week lines in heavy volume. FB, TWTR, UBNT, FEYE, JAZZ, CELG, GILD, REGN, ILMN have all sold off with heavy volume and have pierced their 10 week lines. Does this mean these stocks are junk? No! It just means that they are being sold because of profit taking. Many of these will rebound after earnings season.

    For traders, it is time to be prudent and preserve capital when you see the growth index (Nasdaq) taking such nasty hits on a daily basis. For investors, it is a time to add to the portfolio. In the long run this will be a healthy correction for many of the growth stocks. I am sure there will be some rotation and a few new leaders will emerge.

    I do not really care where it trades in the next few months. I do not care if it trades down to $84 and fills a gap.
    That would be a buying opportunity. I believe KORS will be worth $120 to $160 this year.

  • Reply to

    LOUSY PIN ACTION

    by raskolnikov88 Mar 26, 2014 12:39 PM
    qofaslave69 qofaslave69 Mar 26, 2014 2:33 PM Flag

    Biotech has been slammed recently, and why not? That is where there is a ton of profit as they have had monster gains in the past year.

    I own NVO which is holding up well with a small dividend and share repurchase program.

    I want to buy CELG but it is not showing any sign of stabilizing. The Nasdaq is correcting more than other indices. This is healthy going forward.

  • Reply to

    LOUSY PIN ACTION

    by raskolnikov88 Mar 26, 2014 12:39 PM
    qofaslave69 qofaslave69 Mar 26, 2014 12:58 PM Flag

    If you want "pin action" check out those fuel cell stocks.
    This things can go up or down 50% in a day… not for me….

  • Reply to

    PVH Reports

    by qofaslave69 Mar 26, 2014 9:10 AM
    qofaslave69 qofaslave69 Mar 26, 2014 12:47 PM Flag

    I do like PVH as a company, and believe they are well run. They have a variety of brands that I purchase like: Ralph Lauren and licenses for Kenneth Cole and Michael Michael Kors merchandise.

    I do not like to hear a CEO talk about the weather as an excuse for a lack of business though.
    I do not own PVH stock though...

  • Reply to

    And......NFLX REBOUNDS

    by flashingscimitar Mar 26, 2014 12:33 PM
    qofaslave69 qofaslave69 Mar 26, 2014 12:40 PM Flag

    NFLX has pierced its 10 week line in heavy volume.
    PVH is up $7 on a lackluster report. IBM has been parabolic since Yellen spoke last week.
    UA is stabilizing.
    This is the last week of the quarter, and profit taking is expected.
    I would not read too much into this week's action.
    Longer term KORS will trade much higher than the current $93…. I can wait...

  • qofaslave69 by qofaslave69 Mar 26, 2014 9:10 AM Flag

    PVH Corp. Reports 2013 Fourth Quarter and Full Year Results and Announces 2014 Outlook
    FOURTH QUARTER NON-GAAP EPS OF $1.43 EXCEEDED GUIDANCE OF $1.40; GAAP LOSS PER SHARE WAS $(0.46)
    FULL YEAR NON-GAAP EPS OF $7.03 EXCEEDED GUIDANCE OF $7.00; GAAP EPS WAS $1.74
    COMPANY MADE $500 MILLION OF DEBT REPAYMENTS DURING 2013
    2014 NON-GAAP EPS PROJECTED TO INCREASE TO $7.40 TO $7.50, DESPITE ONGOING INVESTMENTS AND AN UNCERTAIN MACROECONOMIC ENVIRONMENT

  • qofaslave69 by qofaslave69 Mar 25, 2014 4:56 PM Flag

    Luxury Brands Are Targeting Global Yummies: Young Urban Males
    By Kyle Stock March 25, 2014


    These days, a brand with a solid smartphone store can capture opulent returns around the world. Burberry, for example, is now streaming its runway shows online and working on a plan called ‘Customer 360′ to track an individual’s buying habits worldwide.

    The report points to a handful of luxury companies making significant investments in luring male shoppers. Michael Kors (KORS), for example, is hoping to grow its annual menswear revenue to $1 billion, which would amount to almost a sevenfold increase. Coach, meanwhile, is close to that goal, having expanded its sales to men from $100 million in 2010 to about $700 million today.

  • Reply to

    RETAIL BEAT DOWN

    by raskolnikov88 Mar 25, 2014 3:25 PM
    qofaslave69 qofaslave69 Mar 25, 2014 4:14 PM Flag

    Yes, the retail space has seen some selling pressure. But, it has been pretty tame. Growth stocks in general have seen some profit taking right before the end of the quarter, and that is to be expected. The biotech space has been hit the hardest, and they had some big gains to absorb. JAZZ, GILD, REGN, CELG all took big hits recently. I look for them to start to recover.

    raskolnikov88 is right in stating "KORS is best of breed" and that will not change any time soon. Stocks go up an down, and if you are going to hold them long term then you are going to experience some of this type of action. KORS will trade between $120 and $160 this year, and I can wait.

  • Reply to

    Wake Me When The Surgery Is Over

    by flashingscimitar Mar 25, 2014 11:02 AM
    qofaslave69 qofaslave69 Mar 25, 2014 2:56 PM Flag

    A garden variety correction is not surgery. This is a relatively tame pull back on light volume. NOt a big deal...

  • qofaslave69 by qofaslave69 Mar 25, 2014 12:34 PM Flag

    I just submitted a buy order for 200 shares @ $91.50. Will it fill?

  • Reply to

    Yesterday's Action In KORS Stock

    by flashingscimitar Mar 25, 2014 9:14 AM
    qofaslave69 qofaslave69 Mar 25, 2014 11:24 AM Flag

    I expect more selling. The lower she goes the bigger the bounce… Now, it is starting to behave like the old KORS...

  • qofaslave69 by qofaslave69 Mar 25, 2014 11:18 AM Flag

    Today's low of $92.61 (so far) undercuts the lows from yesterday ($92.99) and that tells me KORS wants to trade even lower. Great prices to be had before earnings. It should find support near the 10 week line $91.75?

    KORS traded from $84 down to $74 prior to the last earnings report. It typically goes down before it goes up. Ain't this great fun?

  • qofaslave69 by qofaslave69 Mar 25, 2014 9:06 AM Flag

    Last week, according to SEC filings, Ann Korologos and Jean Tomlin, directors at Michael Kors each purchased 1,000 shares.
    In February, Judy Gibbons purchased over 2,000 shares at a price of $100.50!

    I know that is not much. But, it does show confidence from three directors.

  • Reply to

    Hey Newbies...

    by qofaslave69 Mar 24, 2014 4:24 PM
    qofaslave69 qofaslave69 Mar 24, 2014 6:53 PM Flag

    Alittlepiecess,

    I have been holding since $52, and a day like today does nothing to change my mind. I do not run away scared like some investors. I will still be here in the summer time! Will you?

    You post stupid stuff like "I went long" or "I went short.," without any proof of buying or shorting any KORS shares. You provide zero insight into the business of KORS or its future growth prospects. Therefore, you add very little to this board with the exception of poking fun at people.

    Those who hold/add KORS shares will be rewarded.

  • qofaslave69 by qofaslave69 Mar 24, 2014 4:31 PM Flag

    I sold all my shares today! But, I will say that this sell off is a buying opportunity...

  • qofaslave69 by qofaslave69 Mar 24, 2014 4:24 PM Flag

    Welcome to KORS! This is the way the stock used to behave. Sliding 3-4% with no news, and it swings the other way as well. This stock is usually profitable for both shorts and longs in the short term. The only news you hear from KORS is during the quarterly conference calls. Otherwise, this management team is quiet like a Church mouse. Four times per year they beat earnings, and then go dark for three months.

    If you are short, you do not need to worry about waking up one morning to find that management has announced some big news like a share repurchase program, or a dividend hike. This is not a stock driven by news like TSLA or NFLX. This stock is driven by earnings. Isn't that nice?

    I do not think the profit taking is over...

  • Reply to

    End of Quarter?

    by qofaslave69 Mar 24, 2014 1:49 PM
    qofaslave69 qofaslave69 Mar 24, 2014 2:36 PM Flag

    The biggest discounts I saw that Michael Kors stores was the Friday after Thanksgiving. This past weekend I saw very little in the way of discounts. Maybe one old bag with 20% off. But, the Springline is selling well and there are zero discounts.

  • Reply to

    End of Quarter?

    by qofaslave69 Mar 24, 2014 1:49 PM
    qofaslave69 qofaslave69 Mar 24, 2014 2:17 PM Flag

    In May KORS will beat estimates and raise fiscal 2015 from $3.82 to $4 or more. That is the only thing I am really interested in going forward. What is a stock growing at 60% and earning $4 worth? Using the current multiple it is $120-$130... I can wait... The rest is just noise...

  • qofaslave69 by qofaslave69 Mar 24, 2014 1:49 PM Flag

    This profit taking at the end of the quarter is pretty mechanical. The business at KORS is still something to invest with for the longer term. Where will KORS trade at the end if the summer? The price movement today is great for traders. But, for long term investors it is a blip on the radar.

  • qofaslave69 by qofaslave69 Mar 24, 2014 12:21 PM Flag

    KORS crushing it…

    Mulberry pays the price for failing to grasp accessible luxury
    by Sarah Baumann, 21.03.2014

    Mulberry failed to solve the new conundrum of accessibility and luxury
    Mulberry has misjudged the changing demands of consumers when it comes to affordable luxury. It should look to Burberry for inspiration, writes Sarah Baumann, managing director of Atelier, part of the Leo Burnett Group.
    In an era when Aldi is no longer a foreign land for those used to being serviced at Waitrose and customers are no longer put off by shopping around, luxury brands are being forced to review the sweet spot between accessibility and elitism. And this is precisely where Mulberry went wrong.

    It was all going so well for this totem of understated and accessible luxury, known for the Alexa bag and the Del Rey bag, but Mulberry started failing when it tried to move far too upmarket. Cue lacklustre sales, a profit warning in January (its third in 18 months), the sudden departure of its yet-to-be-replace creative director Emma Hill last summer, and now the recent resignation of its CEO of two years, Bruno Guillon.

    In the two years since Guillon joined the company from Hermès it has been reported that Mulberry has lost two-thirds of its market share.

    The rise of accessible luxury brands like Kors, Coach and The Outnet,is not only the result of the market or the economy, but simply because brands such as Prada, Hermès, Louis Vuitton and, of course, Mulberry, with their inflated prices, became unaffordable and unattainable.

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