Q: Hi 5i
Macy’s is approaching earnings release Aug 12 with a corresponding rapid increase in share price over past several days. What would you attribute this to and do you think it is significant?
I realize most analysts rate this stock as sell, and as current owner of this stock I am trying to decide if this is my “selling opportunity “ or should continue to hold. That is to say is there a faint hope for this stock to recover somewhat from this price point and if so over what time frame?
Thx
Macy’s is approaching earnings release Aug 12 with a corresponding rapid increase in share price over past several days. What would you attribute this to and do you think it is significant?
I realize most analysts rate this stock as sell, and as current owner of this stock I am trying to decide if this is my “selling opportunity “ or should continue to hold. That is to say is there a faint hope for this stock to recover somewhat from this price point and if so over what time frame?
Thx