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Non-Tech : Kirk's Market Thoughts
COHR 170.45-2.6%3:59 PM EST

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To: The Ox who wrote (4644)11/8/2017 12:20:59 PM
From: Kirk ©  Read Replies (2) of 26782
 
It sure seems we were right to avoid Under Armour after the monkey business to make two share classes in February. I LOVE how your chart updates with today's price and starts back when we discussed it.

It might be a good time to put it on the reverse watch list as it seems to have had another "Half Off" bake sale as it tests its 2013 low.

I'd still want to see PE, PEG and other ratios at screaming buy levels before I'd take a risk on retail.

I own some of their compression shorts and I'm amazed at how long they've lasted with tons of life. Definitely a quality brand but if you can buy the major, popular items as knockoffs at Costco for 20% of the list price, they'll continue to have issues, especially with people like my 25 yr old nephew who won't display brand advertising on clothes he wears and like most his age, doesn't have a lot of free cash to pay luxury prices.

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