lack of foresight to capitalize on online sales in almost every corner of their business, GIII is victim to the continuing retail slide for old school retail distribution thinking.
Is GIII undervalued? Certainly looks that way given the EPS next Y of 1.66. This sort of setup means potential upside... check out awesome-STOCKS, its a pretty reliable service. of course you have to do your own due diligence, but they generally point you in the right direction.
Harry Boxer has posted his Charts of the Day video on GIII at TheTechTrader site noting: G-III Apparel Group, Ltd. (GIII) broke the declining wedge, and on Wednesday, it extended to the downside, reaching 21.30 before bouncing 66 cents, or 3%, to 22.02, on 1 million shares traded. Let’s see if it’s going to accelerate to the high teens.
35% vertical free ride will be erased real quick. Thank Nasdaq hitting all time high if you are long. When profit taking kicks in this week you will realize that fear is stronger force than greed.
Harry Boxer has posted his Charts of the Day video on GIII at TheTechTrader site noting: G-III Apparel Group, Ltd. (GIII) keeps falling, and on Thursday it was down another 46 cents, or 1.75%, to 25.83, on 444,638 shares traded. It’s now through the bottom of the channel and accelerating its decline. I’m looking for a move near 22.
Harry Boxer has posted his Charts of the Day video on GIII at TheTechTrader site noting: G-III Apparel Group, Ltd. (GIII) is looking pretty ugly, down 93 cents, or 3.22%, to 27.97, on 445,685 shares traded. This stock continues to show wedge after wedge, flag after flag, and now it’s showing a falling flag. It looks like it’s about to collapse down to 22, my next target.
The StockTraderProfit (Google them) recently updated analysis for GIII
[2016-MAY] G-III Apparel Group NASDAQ : GIII Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stock
$GIII Will reports earning Before the Market opesn #BMO, conference call to follow Aug 30, 8:30 AM. Previous earnings produced a +0.7%move while the options markets are implying a -+10.4% move after this announcement. Take a look at the History it may help you in the future. https://marketchameleon.com/Overview/GIII/Earnings
When will mgmt. realize that the DK deal is stupid?