I heard from my friend that they won from the stock pitch competition by pitching FL.
I am one of FL's loyal customer ... However, I've never thought that this stock made an OK run lately.
Anyway, as a growth seeker, I felt like FL's growth on Earning and sales are not as high as I would like to really go LONG on it. Though, it might be high enough and justified for this sector (EPS +22% YoY and Sales +7% YoY)
For this LONG set up, I will bet on a 50d MA rebound with moderate volume ( I really want to see higher volume)
*Earning due on 5/21/2015!!
I am one of FL's loyal customer ... However, I've never thought that this stock made an OK run lately.
Anyway, as a growth seeker, I felt like FL's growth on Earning and sales are not as high as I would like to really go LONG on it. Though, it might be high enough and justified for this sector (EPS +22% YoY and Sales +7% YoY)
For this LONG set up, I will bet on a 50d MA rebound with moderate volume ( I really want to see higher volume)
*Earning due on 5/21/2015!!
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