ANF .. another retailer breaking down.
Started by
ogm
, Aug 21 2013 11:45 AM
2 replies to this topic
#1
ogm
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Posted 21 August 2013 - 11:45 AM
I'm short this one. Earnings tomorrow. AEO posted really crappy earnings and guidance today too. That seems to have started the ball rolling on ANF this morning.
#2
PrintFaster
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Posted 21 August 2013 - 11:57 AM
That's one psycho stock.
It's the "Broadcom" of the specialty retailers.
Totally untradeable, might as well roll the dice in Vegas.
That thing could gap up or down $5 after earnings, who knows??
Flip a coin.
It's the "Broadcom" of the specialty retailers.
Totally untradeable, might as well roll the dice in Vegas.
That thing could gap up or down $5 after earnings, who knows??
Flip a coin.
#3
ogm
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- Traders-Talk User
- 13,780 posts
Member
Posted 21 August 2013 - 12:08 PM
That's one psycho stock.
It's the "Broadcom" of the specialty retailers.
Totally untradeable, might as well roll the dice in Vegas.
That thing could gap up or down $5 after earnings, who knows??
Flip a coin.
Chances are heavily down. Chart, Fundamentals, etc. They sell expensive clothing , that is loosing the "cool factor". Their competitors like AEO are suffering too. They are closing stores left and right to manage inventory. This isn't a growing business.
My teenage girl went shopping for her back to school clothing yesterday with a couple friends .... None of them bought a single item from ANF or Hollister. When I asked her why, she said "Meh.", Which combined with the facial expression indicated a complete indifference to either brand. ... Consider it "scientific research" on my part
Edited by ogm, 21 August 2013 - 12:16 PM.
