Michael Kors is about to release earnings. Ponder the Bear Case Scenario
Fashion is a cut throat blood sport. Things can change on a dime. Things do change on a dime. In short the business beta is stratospheric.
A nascent bio tech or high-tech for the same risk can create millionaires over night. Michael Kors is involved in daily do or die struggles. For now it is winning but where are the returns. You are better off ignoring the stock and just buying their branded product.
George Gutowski writes from a caveat emptor perspective.