CWTR - Coldwater Creek Inc - Page 2

playing a pre earnings runup


.UCJFA .85 CWTR JUN 5 Call $6.03 15 at .85

sold at bell......UCJFA CWTR JUN 5 Call $6.38 15 $0.85 $1,275.00 1.4 $2,100.00 +$825.00 Trade | Roll | Notes

CL King downgrades Coldwater Creek; shares fall
Tue Nov 4, 2008 10:03am EST

Nov 4 (Reuters) - At least one brokerage downgraded Coldwater Creek Inc (CWTR.O: Quote, Profile, Research, Stock Buzz) and two others cut their price target on its stock after the women's-apparel retailer forecast a third-quarter loss and withdrew its fourth-quarter outlook, sending its shares down as much as 17 percent. [ID:nBNG43969]

"In light of the poor results we do not see a catalyst on the horizon. The improved merchandise and operational execution was offset too strongly by such a weak consumer environment," CL King & Associates analyst Mark Montagna wrote in a note to clients.

He downgraded the stock to "neutral" from "strong buy."

An increasing number of U.S. retailers are feeling the pinch of the ongoing financial crisis and deepening credit crunch, which has soured consumer confidence, keeping more of them away from buying non-essentials.

"We believe it is best to stay on the sidelines until the company posts actual results that prove an earnings recovery has begun," Montagna said.

Barclays Capital analyst Jeff Black said "the miss underscores our theme that investors should be cautious toward retailers that have been making estimates on lower inventory and expenses."

Coldwater, which caters to women between the ages of 35 and 60, is the first of those stories to lose steam and the other companies that could see earnings revisions in coming months as sales slump against tough compares are Gap Inc (GPS.N: Quote, Profile, Research, Stock Buzz) and Limited Brands Inc (LTD.N: Quote, Profile, Research, Stock Buzz), Black said.

The main laterals in terms of weaker sales trends include Chico's FAS Inc (CHS.N: Quote, Profile, Research, Stock Buzz) and AnnTaylor Stores Corp (ANN.N: Quote, Profile, Research, Stock Buzz), though both have room to reduce expenses into 2009, he added.

Black cut his price target to $4 from $7 on the stock, but maintained his "equal weight" rating.

Thomas Weisel Partners cut its price target by $2 to $4 on Coldwater. It has a "market weight" rating on the stock.

Shares of Coldwater were down 54 cents at $2.87 in morning trade on Nasdaq. They fell to a low of $2.82 earlier.

It's above the 4.95 resistance. Once to watch tomorrow.

MY NEW SHORT

Lovin' this bull flag, also, the big 5.9 MM volume day shows it has the moxie to challenge the last 5.9 MM share day with a high of 5.70. Maybe sometime in the next month... as for where to buy it depends on your approach and risk tolerance. Suggest a stop in the low 4.30s which would require a sub 4.65 buyin to keep the risk-reward in favor.

ADX looks strong, RSI too. The MAs are pinching this could move strong soon so watch for volume.

Updated CWTR chart, it's breaking out right now but needs a push of volume to get me in... not a massive buying spree but something to push it up a bit more. 20 crossing up over the 100 is nice... but this could be a false breakout.

load 1.03--better than expected earnings a couple days ago--jmho--it goes on up now-  http://stockcharts.com/h-sc/ui?s=CWTR&p=D&b=5&g=0&id=p69938396891

at 1.03-above the 50 day-next move break the 1.14 200 day-then we see some great pps. appreciation- http://stockcharts.com/h-sc/ui?s=CWTR&p=D&b=5&g=0&id=p22115759891
 

should be a very green week for this stock-jmho-load before 1.14 gets here. after 1.14 break-it moves faster--g/l

moving fast now!-

turnaround retail stock for 2012-after their Q last week--5.4 million shorts will start to cover imho--g/l

retail sales are up! watch for breakout- break the 200 day-1.14 and some of the 5.4 million shorts should start to cover imho-chart-
http://stockcharts.com/h-sc/ui?s=CWTR&p=D&b=5&g=0&id=p54919869424
 

huge volume! breaking out-break 1.20 and we see 1.30's today--hope you got in--g/l

more green today-must look at breakout chart inside- g/l--------------------- http://stockcharts.com/h-sc/ui?s=CWTR&p=D&b=5&g=0&id=p50150831899

It made a new higher bottom of 1.11--money started flowing back into the stock the last 2 hours yesterday-jmho--it goes back up now-they shorted it down from 1.30-now back up--g/l

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Edited by highangle - 3/21/12 at 8:31am

1.20 new bottom---going for more today--g/l

looking good...just put on watch...

1.13--load for next week--got more myself--tic tok