lol, you do realize this company has over $800M in Debt. Its sales are shrinking quickly and is margins are getting squeezed. This company is in big trouble, quiksilver is a dying brand, the ~20% decrease in sales clearly shows that.
Sentiment: Strong Sell
Given how terrible this management team has been in executing any of their initiatives with ZQK, I would put zero (maybe actually negative) value in knowing they bought shares. This management team has executed so poorly!
Good call. What do you think this goes to next week? I'm feeling it will rebound decently.
we just covered in at $1.90... I think it has a long way to go down to bkr $0, but we'll wait for the last lunge dead cat bounce to re-short. Sad for those who remember QUIK's stylin' former glory under the original exec team and early days.
The stock was at $8 when I said the story was effd and would soon be below $5 as serial quarterly disappointments unfolded...
The stock is Down to below $2 now... regarding your "See you at $10 short term" -- just how long is that "short6 term"? LOL
The stock was printing $7.80 when i posted that... how are the cheerleaders dissing my objective analysis doing these days?
Looks like that russia piece ain;t working out so swell, huh... bkr looming as no sales turnaround is coming with these dead brands.
We can be wrong but many of the sell today could be a trigger of stop loss? who knows but whatever it was, it was oversold. Anyway could easily see that.