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The rally in shares of Tiffany (TIF +8.0%) off of its "triple-miss" keeps chugging right along...

The rally in shares of Tiffany (TIF +8.0%) off of its "triple-miss" keeps chugging right along as investors jump in with both feet even after the company seemed to set the plate for more slumping sales down the road. Analysts stand convinced that the bar was set so low for the company - that just averting total disaster was good enough to bring in ravenous buyers. NBG's Brian Sozzi notes with an air of caution that the pressure is now on Tiffany to show a robust holiday quarter to keep the good vibe going.
Comments (1)
  • into dark shadows
    , contributor
    Comments (326) | Send Message
     
    Shorts taking profit?

     

    This is not a market to play with here folks!
    2007's waterfall came as the markets very making new all time highs and carving out the mother of all tops!
    Risk reward is to the downside!
    Bernanke is as impotent as Obama is a true leader,
    they both are destroying the republic!
    27 Aug 2012, 03:43 PM Reply Like
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