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Gualberto DiazThe Art of Money |
Denim Glut? What Denim Glut?
Posted on 08/17/2006 10:27 AM | Link | Post Comment
Just read this article that said denim, and premium denim in particular, was not only still strong, it was still growing! Hmmm..... with a consolidation of players and strong growth, this can only mean good things for True Religion.
Speaking of True Religion, we've had a nice price spike over the past week. My guess is they've found one or more interested parties. I had a rather large sell order yesterday at 19.25 that got ripped through around 2:30. I've heard rumors that ANF is interested in the company. Only time will tell.
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