Mattel's sales decrease 10% each year for many years. No wonder here, if you had kids you'd know what they like more: iPads or dolls.
Hasbro showed us their numbers and what effect Toys-R-Us closure had on toys' sales. Question is: what tricks did Mattel use to come up with these numbers? Perhaps old school channel stuffing, they even went as far as reducing ad...
Notice in 2000 mattel entered a bear market a full 2 years before the 2000 recession started.
Now look at price action for the last 10 years. Mattel has been in a bear market for almost 5 years now. Overdue? well see.
There was a good short signal, after breaking through the resistance line and 200MA, and fastening below its level.
Such signals as this one are very strong in nature.
The GAP, which breaks through the resistance level of the channel and in addition opens below 200MA, is one of the strongest signals for shorts:
Long rumored to be buyout candidate for $HAS, but daily chart sits 2 year lows as trader buys 10,000 of January 25 strike calls for $0.50. Dividend cut last week has pressured stock. Large bottom tail on daily candle could be a bottom. Play small and safe if going long.