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Strategies & Market Trends : Value Investing

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Nya_Quy
To: Grommit who wrote (64167)6/8/2020 5:15:59 PM
From: Paul Senior1 Recommendation  Read Replies (1) of 78774
 
MIK. After I posted I saw the stock continue to rise. In fact the stock continued to rise today over 50%. That quick rise has turned out to be too much one-day gain for me to stomach without taking at least some off the table on the rise today.

It was a good quarter for MIK. Plus a competitor is closing down, according to JP Morgan who raised their target price today on MIK to $13 from $7. We shall see.

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Yeah, INN-D, you would have had a 100% gain or more. Woulda, coulda, didnt. I know that story well.
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