Could have said the same to warren buffett over the decades. Tech stocks in 1999 were CRUSHING his nvestments....who is the winner now? Fundamentals baby...all that matters in the long term. Cannot control the long term. Should have 500M in cash on hand in 3 months from.
Down about 10% in last couple days means you have been blinded by not selling then buying back even if you like the company long term. The stock action is horrid even though the company is executing well.
You could have done much better in many other stocks. This stock is singing the same old tune.
Please turn off CNBC. Management doesn;t control the stock prcie....the "market" does. So management could do everything right and still a stock doesn't increase in value....which tends to be a time where you see a bigger company go fishing and make a buyout orrer AS THEY SEE A BARGAIN and pay a price the market isn't paying to buy out the whole company, because buying up all the shares of the company would proably take it to that price to begin with...so they just amke a flat out offer.
Deckers stock price has nothing to do with fundamentals....as Buffett has proven over his investing life(decades) that plenty of companies can once in a blue moon trade wickedly under their real value that it offers a once in a blue moon oppurtunity that could tremendously transform one's life.
You fail to mention how a large chunk of shares were sold by insiders near highs just a short time ago. The fact that these were personal choice sales and not automatic sales should have been at least a warning flag. Reality is that in one month at the current price, the 1 yr return will be...0. With no dividend, covered calls are once again your friend.
I would agree this is a good point to buy more, but you are simply way too bullish on this; it will likely rebound to the mid to upper 80s over the next months and higher depending on weather.
Stay short and keep your head tucked up your azzzzsss until you lose it all Shortie. Longs have been listening to your nonsense since the stock rebounded $70 off a $28 low. You missed a 3 bagger and now all you have is a bag!
How much of their stock is given as options and bonuses, how much did they buy on the open market? What's happening with the stock buybacks is the share count going down or are they redistributing to themselves as management. I'm betting they beat analyst estimates for the Holiday qtr even though they lowered estimates today.
lol sub 50? Laughable. Secondly, you misunderstand what the term "VALUE TRAP" was created for. Value trap refers to a company with piles and piles of cash which relative to valuation makes a company look extremely cheap, but the company has ineffective management, subpar deployment of cash, no growth, etc.
Deckers happens to be the opposite. Deckers has effective management(Hoka One One, innovaiton of UGG PURE, new leather line, 221M stock buyback), they have innovation and they are a cash machine and buyout candy.
"Companies, and even sectors, can be doomed, because of situations such as the inability to survive competition, the inability to generate substantial and consistent profits, the lack of new products or earnings growth, or ineffective management. Often, a value trap appears to be such a good deal that investors become confused when the stock fails to perform. As with any investment decision, thorough research and evaluation is recommended before investing in any company that appears cheap when reviewing its relevant performance metrics."
Have a great weekend. See you in 6 to 12 months sub $50.
Management has done SO MUCH RIGHT, the stock has gone from $115 in October of 2011 to $81 today. Keep drinking the kool-aid and telling yourself this has been and will continue to be a good investment.
Value trap. See you below $50 in 6 to 12 months.
The problem with this stock is that it's contaminated by MMs. That scares off would be investors and allows for more manip. But there's no way to lose if you buy at this price.
yea, they are in bed with the shorts. They own 500,000 shares)angel and ziv zohar). They alone lost 3,000,000 on paper today and 6M from the sell-off t 98/share.
how this company gets away without paying a dividend? It is SHOE COMPANY!!! how do they get away with this? this is the poster child stock for the greater fool theory if i ever saw one. the whole point of owning stock is to get paid a dividend and reap a part of the profit of the company. it is fashionable now for companies to NEVER PAY A DIVIDEND? i know, i kow, there are tax advantages to putting the money to use rather than incurring double taxation, but GIVE ME A BREAK. essentially companies like this can have stock prices that go to zero because owning shares in them has NO REAL VALUE!! no wonder the stock market is so vulnerable to crashes. DELL got away without paying a dividend for decades under the excuse of being a tech company. What is THIS company's excuse???
I think it's a buying opportunity. My only problem with the Company is management - it's like they are in bed with the Shorts - they forecast for the next qtr below analysts estimates and I bet they will beat even the analysts estimates let alone their own forecasts - what that does is screw the current stockholders. Remember earlier this year they did the same thing and they were a month into the qtr. Management needs to be held accountable.
I thought I would offer an elder statesman's two cents.... today's drop in price in DECK is a tremendous buying opportunity if you do not already own shares.
Hidden in the report is the fact that Deck's Hoka One One brand is growing at an extraordinary rate. I will be buying my second pair in the next month or so. I bought my current pair well over a year ago and they have served me well. Uggs will continue to dominate. Deck's other brands are growing as well. But it is the HOKA brand which stealthily has been growing market share and fans across the country.
best to all..