Thursday, June 26, 2014

COH is cheap

My comments :

http://seekingalpha.com/article/2288733-coach-a-victim-of-its-own-success-bold-transformation-strategy-presents-hope-previous-luxury-retail-transformations-have-been-successful

Luxury brand at it's all time low. I like to see some stability at this price and then like to buy it above 35. But this needs to consolidate here before one can initiate a position.

I like this brand and I believe this will come back up.