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OldAIMGuy

05/19/15 12:51 PM

#20 RE: NickelNothin #19

Added 12% to my URBN holding this AM at $33.86. I had let 10% of the position go at $41.95 and an additional 5% of remaining shares go at $45 back in early March. So this buy helped rebuild share inventory.



The brutal sell off this AM doesn't match the news very well. The company reported profits, but not as good as outsiders' expectations. The drop in price this AM looked more like they should have reported a loss than a miss.