next up, COACH ticker COH.... i got in on wed., they've already gone up a good bit and I am targeting 45$ before I sell - they could very well go higher... if anyone is seriously considering it I just finished preparing a 60 page analyst report on it and have nothing but good things to say about it.
if it tanks I'm going to have to find a new career path, maybe one with more hamburgers and philosophy.
have you ever noticed how if you REALLY do the footwork on research, it feels almost like youre insider trading? I mean if you realllllly fucking go through all the steps, I would say you have a greater than 75% chance of being correct in your assumptions - all thats left to fuck your estimates are
1) black swans
2) other systemic shocks
3) unforeseeable insignificant events
4) constructive fraud by liars in the company
1 and 2 are rare enough that diversification mostly crushes them along with longterm positions
3 are like sharts, it all depends on the pants youre wearing when they hit
4 is getting harder for these faggots to do, but the corner offices are full of people like me so who knows