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Gap Inc V.GAP


Primary Symbol: GAP

The Gap, Inc. is a specialty apparel company in America. The Company offers apparel, accessories and personal care products for women, men and children. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories and lifestyle products for men, women and children. It is an omni-channel retailer, with sales to customers both in stores and online, through Company-operated and franchise stores, websites, and third-party arrangements. Its omni-channel services, including buying online pick-up in store, order-in-store, find-in-store, and ship-from-store, as well as enhanced mobile-enabled experiences, are tailored across its collection of brands. Gap includes adult apparel and accessories, GapKids, babyGap, Gap Maternity, GapBody, and GapFit collections. Banana Republic is a premium lifestyle retailer celebrating exploration and self-expression through timeless quality, versatile fabrics, and exceptionally made womenswear, menswear, and home designs.


NYSE:GAP - Post by User

Comment by Brightbulbon Jul 29, 2010 2:13pm
344 Views
Post# 17307675

RE: RE: maybe results are no so good.

RE: RE: maybe results are no so good.I would agree with nikker.

I don't want to be overly optimistic but.... although there is some resistance the number of shares for sale and even the volume of shares sold has not been that substantial. I suspect there were many who saw any news as a liquidity event so they could cash on and go elsewhere as there is in any stock.

Had there been a leak of bad news or good news I doubt we'd be sitting around 700K in volume.

What I think is interesting about this news as it relates to the market activity is it seems to have reinforced the support above .17 and, as in the past, has certainly not retreated with news. At least not yet.

BB
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