Shorting KCP?

[einai]

KCP announces after the close. I shorted the stock for Q2 earnings last year and was well rewarded. When the numbers were bad, the stock totally collapsed.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=126548

Forecasts are for -.01, i.e. this is the quarter that should bring them back into profitability.

Anyway, potential for some good downside here, and worth watching.

 

[einai]

RL just beat by .44

KCP may rally on the day, and this may indicate that they will do OK

 

[einai]

50% off sale at Kenneth Cole today (11/3) only:

http://www.kennethcole.com/category/index.jsp?categoryId=3573954

Strange thing to do. But I imagine that the proceeds can't be shoveled into today's earning release.

 

[einai]

Beat on earnings (nominally), but guidance is well below estimates.

Have to see what emerges on the call...

 

[einai]

8.80 premarket

have to see how this develops

the 30% miss on revenue guidance may be enough to sink her

 

[ymiyake]

Sees Q4 revenue $107M-$112M vs. consensus of $118.47M


then falls, and now its at 10! jeez