Michael Kors backpack
Uncategorized / September 25, 2017

We invested in Michael Kors just before Christmas, but sold early in March after a 41% rise in its share price.Its shares are now back down to the level we bought in at previously and we’re ready to do this all over again.We expect Michael Kors will have had a good quarter and will at least match analyst expectations.With the market expecting the worst, this could cause the share price to fly.Our investment in Michael Kors (NYSE:KORS) was one of the most profitable we’ve had with a 41% gain earlier this year. As its share price has now somehow managed to drop all the way back down to our previous entry point, we feel quite confident that it is time to do it all over again.We picked up shares in Michael Kors just before Christmas and held onto them until the start of March for incredible gains, as demonstrated below. The recent sell-off in Michael Kors appears to be unjustified and we see the share price as a gift at the current price. So much so, we wouldn’t be surprised to see the shares produce yet another 41% gain in the near future. So why did its shares lose all…