5/5/2016 12:42:03 PM - Slumping back below its 50 DMA line with today's volume-driven loss following Mar '16 quarterly earnings news. The 5/04/16 mid-day report cautioned members - "Reported earnings +23% on +3% sales revenues for the Dec '15 quarter, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria)."

5/4/2016 12:39:47 PM - Rebounding toward its 52-week and all-time highs following a deep consolidation below its 200 DMA line. Reported earnings +23% on +3% sales revenues for the Dec '15 quarter, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria).

9/7/2012 12:35:40 PM - Gapped down today for a small loss with above average volume, now trading just -4.2% off its 52-week and all-time highs. On 9/05/12 it announced another offering of new Senior Notes. Reported earnings +27% on +6% sales revenues for the Jun '12 quarter. Deceleration in its sales growth rate is a cause for concern. Prior mid-day reports noted - "Reported earnings +35% on +11% sales revenues for the quarter ended March 31, 2012 versus the year ago period. No resistance remains due to overhead supply. Its quarterly and annual earnings history is now a better match with the fact-based investment system's guidelines for the C and A criteria although sales revenues increases in the +11-13% range are sub par. It is slightly extended from a recent flat base formed above its 50 DMA line. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11."

5/17/2012 1:05:45 PM - After pricing an offering of new Senior Notes it is retreating near its 50 DMA line with today's loss on higher volume, yet still trading just -7% off its 52-week and all-time highs. Prior mid-day reports noted - "Reported earnings +35% on +11% sales revenues for the quarter ended March 31, 2012 versus the year ago period. No resistance remains due to overhead supply. Its quarterly and annual earnings history is now a better match with the fact-based investment system's guidelines for the C and A criteria although sales revenues increases in the +11-13% range are sub par. It is slightly extended from a recent flat base formed above its 50 DMA line. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11."

5/8/2012 12:21:43 PM - Small gap down today, retreating from 52-week and all-time highs hit last week with volume-driven gains. The 5/03/12 mid-day report noted - "Reported earnings +35% on +11% sales revenues for the quarter ended March 31, 2012 versus the year ago period. No resistance remains due to overhead supply. Its quarterly and annual earnings history is now a better match with the fact-based investment system's guidelines for the C and A criteria although sales revenues increases in the +11-13% range are sub par. It is slightly extended from a recent flat base formed above its 50 DMA line. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11."

5/3/2012 12:48:09 PM - Hit new 52-week and all-time highs again today after a small gap up. Reported earnings +35% on +11% sales revenues for the quarter ended March 31, 2012 versus the year ago period. No resistance remains due to overhead supply. Its quarterly and annual earnings history is now a better match with the fact-based investment system's guidelines for the C and A criteria although sales revenues increases in the +11-13% range are sub par. It is slightly extended from a recent flat base formed above its 50 DMA line. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11.

3/8/2012 12:51:01 PM - Hitting new 52-week and all-time highs again today. Held its ground and wedged higher since last noted in the 2/13/12 mid-day report when posting a 4th consecutive volume-driven gain - "No resistance remains due to overhead supply. Reported earnings +18% on +9% sales revenues for the quarter ended December 31, 2011 versus the year ago period (below the +25% earnings guideline). Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

2/13/2012 12:08:27 PM - Hitting new 52-week and all-time highs again today with a 4th consecutive volume-driven gain while no resistance remains due to overhead supply. Reported earnings +18% on +9% sales revenues for the quarter ended December 31, 2011 versus the year ago period (below the +25% earnings guideline). Prior mid-day reports noted - "Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

2/10/2012 1:07:21 PM - Hitting new 52-week and all-time highs today with a 3rd consecutive volume-driven gain while no resistance remains due to overhead supply. Reported earnings +18% on +9% sales revenues for the quarter ended December 31, 2011 versus the year ago period (below the +25% earnings guideline). Prior mid-day reports noted - "Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

2/9/2012 12:41:06 PM - Touched new 52-week and all-time highs today and no resistance remains due to overhead supply. Reported earnings +18% on +9% sales revenues for the quarter ended December 31, 2011 versus the year ago period (below the +25% earnings guideline). Prior mid-day reports noted - "Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

2/8/2012 1:01:51 PM - Holding its ground following a small gap down on the prior session. Reported earnings +18% on +9% sales revenues for the quarter ended December 31, 2011 versus the year ago period (below the +25% earnings guideline). Prior mid-day reports noted - "Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

2/7/2012 12:35:51 PM - Small gap down today. Reported earnings +18% on +9% sales revenues for the quarter ended December 31, 2011 versus the year ago period (below the +25% earnings guideline). Prior mid-day reports noted - "Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

2/3/2012 1:59:45 PM - Reported earnings +18% on +9% sales revenues for the quarter ended December 31, 2011 versus the year ago period (below the +25% earnings guideline). Hit a new all-time high with a volume driven gain on the prior session. Last noted in the 11/18/11 mid-day report - "Recent spurt of gains backed by above average volume, rising from an orderly base pattern. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

11/18/2011 1:13:55 PM - Perched near its all-time high today, pulling back toward prior highs in the $18 area that define initial chart support. Last noted in the 10/24/11 mid-day report after a - "Recent spurt of gains backed by above average volume, rising from an orderly base pattern. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - 'Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong.'"

10/24/2011 2:14:47 PM - Hitting another new all-time high today while adding to its recent spurt of gains backed by above average volume, rising from an orderly base pattern. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

10/21/2011 1:29:19 PM - Hit a new all-time high today with a considerable gain backed by above average volume, rising from an orderly base pattern. Completed a Secondary Offering of 18 million shares priced at $16.75 on 10/12/11. The beauty supplies distributor and retailer itself received no proceeds related to the sale. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

10/14/2011 12:35:38 PM - Perched near its all-time high, this week it priced a Secondary Offering of 18 million shares at $16.75. The beauty supplies distributor and retailer itself will not receive any proceeds related to the sale. Its 50 DMA and 200 DMA lines and prior lows define near term chart support. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

10/13/2011 12:36:20 PM - Gapped up today following news it priced a Secondary Offering of 18 million shares at $16.75. The beauty supplies distributor and retailer itself will not receive any proceeds related to the sale. Its 50 DMA and 200 DMA lines and prior lows define near term chart support. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

10/12/2011 12:28:51 PM - Holding its ground today near its 50 DMA line after a damaging gap down and loss with heavy volume on the prior session. Its 200 DMA line and prior lows define the next important support area. The 6/21/11 mid-day report noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

10/11/2011 12:42:53 PM - Gapped down today and slumped under its 50 DMA line toward recent lows and its 200 DMA line. Last noted in the 6/21/11 mid-day report - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

6/21/2011 12:46:21 PM - Hit yet another new 52-week high today, making its 3rd consecutive mid-day report appearance after enduring recent distributional pressure while consolidating above its 50 DMA line and prior highs. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

6/20/2011 12:57:25 PM - Hit another new 52-week high today, making its 2nd consecutive mid-day report appearance after enduring recent distributional pressure while consolidating above its 50 DMA line and prior highs. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

6/17/2011 1:23:09 PM - Hit a new 52-week high today after enduring recent distributional pressure while consolidating above its 50 DMA line and prior highs. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

6/9/2011 1:04:30 PM - Holding its ground above prior highs, enduring some distributional pressure. Consolidating following its technical breakout on 5/06/11 and subsequent volume-driven gains. It had built a long base while swerving above and below its 50 DMA line since noted in the 2/03/11 mid-day report - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

5/20/2011 1:05:02 PM - Holding its ground and rising since its technical breakout on 5/06/11 with a gap up gain. It had built a long base while swerving above and below its 50 DMA line since last noted in the 2/03/11 mid-day report - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."

2/3/2011 1:48:42 PM - Gapped up today and rallied above its 50 DMA line. Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were note especially strong.