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re: Under Armor - when are you getting in?

Posted on 4/24/14 at 9:27 am to
Posted by rintintin
Life is Life
Member since Nov 2008
16238 posts
Posted on 4/24/14 at 9:27 am to
I jumped out right at the top luckily. Am waiting for a reentry, but thought I had jumped the gun on dumping them when they beat earnings this morning. Apparently not

They're still pretty expensive which is why I think people are taking profits. I was eyeing up below $50, but I'm hesitant with the gap right there. I'd hate to jump in and it refills that gap downward to the low $40's.
Posted by barry
Location, Location, Location
Member since Aug 2006
50389 posts
Posted on 4/24/14 at 10:44 am to
I picked up shares when it went under 50

I loved everything about the call,

revenue is up 36% year over year in Q1 and Net Income rose 75%

Footwear revenue up 41%

Doubled revenue outside of NA

Analyst said they didn't like the readjustments on the annual projections because they just pushed through the Q1 excess and didn't pump up the other quarters.
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