I initiated a new position today in L Brands Inc (LB) at $46.93. The share price dropped over 14% today due to a 9% drop in June sales compared to last year. However, this should have been expected as the company discontinued swimwear and apparel product lines which decreased sales by 7% and 10% respectively. […]
I added more to my position in Kohls (KSS) today at $35.76/share taking advantage of the continued price drop. Since I already have a good size position, I may sell some shares if the price should pop in the near term. I think at this level, it’s a good opportunity. Again, I will post more about my […]
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