Coach Continues to Rise

Coach [my new favourite stock ;)] continued building on Wednesday's gains today, climbing another 1.95% today in shortened trading hours. My profit (including commissions) now stands at 9.93%, after holding the stock for 2 1/2 months.

Profit = (($36.64/share*40 shares)/($31.88/share*40 shares + $58 commission)-1)*100=9.93

Now I guess I need to think about when to sell it. Because it was debatably highly valued even at the time I purchased it, I need to reevaluate my opinion of it's proper value. Using my stock valuation spreadsheet I originally found a target price of $35.63. I see no reason to think Coach will dissapoint in the upcoming holiday months, but dilligence calls for continued value analysis. I will keep you posted in that respect, but I don't plan on selling it on Monday or anything.