I'm not buying into that you were within .10 and if that were the case you certainly could have had a stop loss, trailing stop, or just sold many other times at a profit. I've been trading this stock for about 10 years and you get plenty of opportunity to make trades. You can be anywhere today and have the ability to check in and place orders, in any case good luck in the future.
I had a sell order in and it got within .10 cents and I was not around when the floor dropped out but you can call it greed. When a stock price doesn't provide shareholders with any value who is to blame - the shareholders or management. Should management be rewarding themselves for poor performance? Do they turn down raises or do they give themselves more options? Do you think that management is performing well? I'll let the stock price speak for itself. I've got around 10 stocks that I've owned for years and most are performing well 2 are under performing this one and one coal stock. I expect this one to start doing better but I still can't say management is earning their salaries.
Since 1/4/11 you had several opportunities to sell well over $100 and make a healthy profit. If you sold in September of 2011 at $116 you would have made about 45% in 9 months. Who's fault is that? Maybe you should take a better look at how and why you invest in a stock to begin with.
If you actually did buy it years ago at $81 and didn't sell when it hit much higher you have only yourself to blame. Why did you buy it in the first place, and why would you ride it so low to the point that you are down that much? It basically comes down to either greed or stupidity and I'll let you decide, but trying to blame management for "your" bad decision is well, just lame.
Sure. Your initial message was rather general and obtuse for me so I found it difficult to know you were referring to a short squeeze.
On the other hand, SKX beat earnings estimates by $0.09; revenue estimates by $65M for a yoy rise of 40.5%. I'm fine if DECK can parallel the same.
It does make me wonder what you believe true performance would look like.
So you mean Deckers is going to perform like Sketchers did over the last year, going from the $38 range to $86? Or should we go back 2 years when Sketchers was just $21? Or 3 years when Sketchers was under $15?
I do hope you are correct, and that what happened with Sketchers is going to happen with Deckers. The best part is that the market overreacted in late January 2015 and sent the DECK stock tumbling to the mid-$60s. At this rate, DECK will likely rebound to $80 well before the end of the year for a tidy 20% gain from January's fall.
I went back and checked my records seeing there are 2 dislikes to my post. I bought 1K shares 1/4/11 at $80.23 the stock price today is $71+ so a loss of 10+% and management is rewarding themselves with bonuses, raises and options for creating stock owners value. These are facts whats to dislike the truth. I still remember Angel on Fast Money saying how good they were doing and then at earning the stock tanked big time. Worst management rewarding themselves and not share holders.
Mrs. Shoe: What do you mean that HOKA "used to be great"? HOKA has only been alive two or three years. It is just barely off the ground. And its range of styles is just beginning to expand.
I own deck. but bought at 73 not in the hundreds so I feel its a good price. I do think management could be doing a better job with this company though. too much reliance on Ugg's. it does look like they have a few other good brands so why they aren't doing better than they are has to point back to management. VFC should buy them and turn things around.
I'm short the stock, mostly on technicals. It seems to be recovering but on low volume. my guess is it'll hit 68 69 before it bottoms out but I don't see it rallying for a while. dead money
hello map 384
Have you checked to see if the leather boots are made by deckers? I know that AHNU makes at least one style for women but I think the only way you can tell is to ask each woman. Please spend a week asking each woman and report back to us. You could simply ask "Are those boots by AHNU?
I think most woman would cooperate and say things like "I have no idea, I just love them." In that case they should be counted as a yes.
Good luck and I look forward to hearing the results.
algo41: Glad to know you are still involved in DECK. Have you tried HOKAs? I myself am very happy with mine, which I wear both running and walking. You might want to consider buying a pair for walking. (Sorry about my spelling of "sneakers." My computer assumes I am trying to write in French, and often messes up my spelling. This happens only in message posts and other similar functions.)
Also, do you have any new stock ideas? I have been impressed with your past posts.
Verypure, one advantage of being interested in Deckers is seeing your posts.
HOKA says that their sneakers have engineered a unique performance midsole geometry that features a higher volume, softer density, and greater rebounding foam than standard running shoes.The midsole geometry provides an uncommonly energizing, stable ride that has inspired countless runners to keep running."
Now as I have foot and knee problems I cannot see how the above would help me. Once they have walking shoes it may be another story.