Wow, latest announcement doesn't look good. 100 million not accrued in financials? that's a similar hit to the recall and although not with the associated negative branding that the recall inflicts, the financial hits the same. Dumped at $58.40, nearly breakeven, woulda been nice to bag a few hundred at $60... but the drop was instant for a retail holder not monitoring like a hawk i.e. us full timers.
Glad I refreshed and saw it early, I reckon this is going to fall further by todays close. and more on monday when it's digested. Could be wrong but alot riding on this .. think I'll sit out for abit and wait for a drop...
GLTAH. Only great thing is if the financials come out great in Feb, i'll be kicking myself. Maybe I can get back in before then.
COH Price at posting:
$57.99 Sentiment: None Disclosure: Not Held
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