Coh

Cramer was just touting this along with COH exec. I noticed it just (within the last month) lost what looks to have been strong support at around 46. Daily chart shows what looks like a struggle to get back above the 200 day MA.

Anyone think this looks like a longer term short?

The exec doesn't care about the stock price, he says :D

just wondering if anyone would come to the same conclusion...

thanks
 
Quote from harkm:

I came to the same conclusion and took a small short position and will cover in the 48 area.

harkm - Thank you for your response.
 
Quote from pkny:

Cramer was just touting this along with COH exec. I noticed it just (within the last month) lost what looks to have been strong support at around 46. Daily chart shows what looks like a struggle to get back above the 200 day MA.

Anyone think this looks like a longer term short?

The exec doesn't care about the stock price, he says :D

just wondering if anyone would come to the same conclusion...

thanks


there goes my little theory on COH
 
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