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

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

thanks

 

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.

 

there goes my little theory on COH

 

Mine too. Oh well, most stocks follow the market.