Starting to look overdone. Anyone in for a dead cat bounce?
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Starting to look overdone. Anyone in for a dead cat bounce?
Meow :D Not for me at any price so fill your boots Moosie...just look at PPL's SP to see what's happening to branded clothing. I am sure most people are starting to join the dots with this one too.
I guess, stay way clear of this one at the moment. Aussie not doing well.
I remember that bounce very well. If you had the balls to buy in @ 10 cents at its low you had a 6 bagger after a few weeks as it jumped back to the 60s. That was a pretty epic bounce but was fuelled by a cocktail of fear, large shorts (excuse the pun) and finally saved by MASSIVE cost cutting, so very rarely happens. If you time it very well you can profit big time
Ouch, a few people lost their shirt / skirt there didn't they !! I've never been a fan of companies that make brand name apparel and / or merchandise. What's hot one minute is suddenly out of fashion and then... Always exceptions to the rule though. Louis Vuitton seemed to have done a bit of alright don't they !
Mistime it and you can lose your shirt, trousers and undies. Kittens are eminently more likeable than old cats :)
Totally agree. Very cyclical in nature as well.
Oh yes indeed. An element of luck in there as well, mixed in with seeing a totally undetvalued asset and massively oversold chart. Boot in investor psychology and you've got a perfect mix for high volatility! :)
PS -I'm a dog man myself. Big fluffy ones. Lassies are preferred if you are in the giving spirit :D
Certain irony the former CEO gets a bundle and a half of shares under a long term incentive scheme shortly after the share price collapses.
Management interests aligned with driving shareholder returns (sustainable long term returns that is) .....yeah right
Looks like every man and his dog in the pigs trough as the notices roll out
Doubt all will say they deserve this bonus
Anyone have any clues why SP for this is drilling the depths? A huge drop and div yield is piquing my interest.