Sell Abercrombie Downgraded to Strong Sell. Everybody bailed out of Abercrombie, including insiders and investment firms. The American retail investor has been left holding the bag, while paying high commissions fees to corrupt stock analysts.
stock market LIVE.TV has shared Abercrombie (ANF) live stock chart with prolific investors worldwide urging them to bailout at a market top.
We have reasons to believe there are strong issues at Abercrombie with regards to their accounting practices, therefore everyone at stock market LIVE.TV sold shares of this American retailer ahead of the collapse. Nowadays, investors have large short positioned to win a Lamborghini Aventador, my offer to savvy investors, while the poor American retail investor continues losing money in the markets by following Wall Street crooks.
Earlier this month, hip teen clothing retailer Aeropostale (NASDAQOTH:AROPQ) filed for Chapter 11 bankruptcy. In yet another sign that clothing retail stores are struggling, the company announced its intention to emerge from bankruptcy later in 2016, but with the closure of all of its stores in Canada and 113 of its 739 stores in the U.S. In the meantime, the stock has been delisted from the New York Stock Exchange and rendered practically worthless. What do Aeropostale’s woes tell us about the industry, and which companies are in the best position to thrive going forward?
The Gap (GPS) has turned into a historical selling short opportunity since Vieira’s downgrade to JUNK. Its flagship Gap brand is worthless in many countries worldwide expect in the U.S. where they continue buying old fashion – the middle class is dead!
Abercrombie & Fitch (ANF), another old shopping-mall favorite among past generations of young Americans, hasn’t suffered the same hardships as Aeropostale so far. The company has been in the midst of aggressive rebranding, but Vieira says they have been aggressive on accounting, instead of actual sales.
What investors should do?
Investors should stay way from Abercrombie (ANF) stock. Everyone loaded up large short positions since the top! Everyone is making a vast fortune in the markets focusing their attention in companies with fraudulent management and accounting issues.
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