So you saying you expect this to rise after the earnings call on the 3rd of Feb?
I'm not trading on earnings call. I have no idea what earnings are going to be like. But I do know they are in the process of trimming the fat right now.
They are closing a plant in Germany and laying off workers. This is a 6 to 9 months play for me, not looking to make a quick buck.
So after the earnings, if it goes up, fine. If it goes down, I will buy more at a discount.
I have looked around for several other cosmetics companies and I just couldn't find a value buy like COTY.