March 1 Evening Thread

ZNGA is another IPO that was bought heavily today. It is in the social media space and doesn't have nearly the good fundamentals that KORS has. Trade carefully, but a little speculation keeps you interested and involved.

March 1 Afternoon Thread

KORS. 'nuff said.

Morning Thread

Gator's Chart of the Day: PETM

With all of the animal lovers here it seems appropriate to look at Pet Smart.  They reported earnings after market yesterday.  Profits were a penny above expectations (.91 vs .90) on in-line revenues.  Margins did shrink slightly from 30.6 to 30.4% but the company guided above estimates.

Looking at the daily chart buying at the 20 day sma has been a very good strategy and after hours the stock traded down to 54.45.  The 20 day is 54.37 so it looks to be a right here right now buy. 

Position: customer and dog owner.