Comments about the financial markets, politics and other random thoughts of interest.

Sunday, February 12, 2006

Liz Clairborne approaching Buffet Levels

Liz Clairborne (LIZ) is getting cheaper by the day, not dozen, and the shorts keep increasing their bets. This company is ruderless until a new CEO steps in which should be soon. Also, last week the company announced 5,000 job cuts would streamline Dana Buchman, Ellen Tracy, Laundry and Mac & Jane. Fair value is $38.34 with upper value of $43.59. The shorts ALWAYS get hurt shorting a good company like LIZ.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home