JPMorgan Downgrades Fossil AFTER 40% Drop

The market has been going through a bit of a rough patch in the last few weeks, especially after France and Greece jumped to the far Left.  Greece voted in Communists and neo-Nazis while France voted in a Socialist which is worrisome for Europe and the world financial system.

During yesterday’s session we saw quite a few dives such as MAKO Surgical Corp. (NASDAQ:MAKO) who was down 35%, Dendreon Corp. (NASDAQ:DNDN) was down over 21% and more.  However, I want to turn your attention to Fossil, Inc (NASDAQ:FOSL) which was down over 40% during yesterday’s bashing.  The...