http://www.stockrake.com

Short term I see TRLG pulling back based on technical indications, however, it will be a prime buying opportunity. The growth rate is astounding and they haven’t really touched Europe yet.

I won’t be shorting to pick up a few bucks, but I will be buying. Hoping for a nice pullback to back up the truck/mortgage the house type trade. Earnings call is slated for March 1st and I think their quarter will be blowout with higher guidance, however if the stock runs up into earnings profits will probably be taken so don’t be surprised.

I think Andy So is incorrect with his predictions and is basing his short call mostly on the potential of a fading trend in premium denim. The problem with that is there is no fading trend in premium denim. That trend in fact is very strong and should be all year long. TRLG’s new products are also hotter than ever.

True Religion Jeans on Ebay

disclosure: I’m long TRLG **note removed trackback, slowing the site down.

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