Under Armour (UARM)

[eastunder]

Personally, I do. Especially if I am looking at it long.
I would buy it in pieces though and not take my whole position at once in case it still has some dropping. The chart I posted should start to develop a red area down below that 80 line, just like it did when it was above the 20 line. That was the overbought line and we have dropped to oversold line.

I thought earnings were pretty good. I suppose it's not enough to justify the PPS UARM was at but to me this whole story is just getting started with UARM. They are really branching out. I liked the youth category growing 70%. I thought that was wonderful. What did you think about the earnings?

I would imagine that during the day or this week we should be getting downgrades, holds, or something from analysts that will give me a better idea of what price traget they are looking at... but that gap down was an opportunity, Imho.