You seem to be a very fickle investor. Let me throw this out to you, HOLD your position, be patient, and you will see this stock run back up and make a profit. It will also be a long term profit which will be better for you tax wise. After that if you don't like the stock, don't buy back in. I've been trading Deck, only in long positions for about 10 years now and have ridden out every time I was down for a healthy profit. The shorts have been trying to induce panic for that whole time. They were grossing less than 800 million then and next year will break 2 billion in sales. This stock rides out the seasonal ups and downs, but still makes money and is actually cheap at this price. If it were me I would buy more at this price to lower my cost and be able to exit earlier, the choice is yours. In any case, don't blame someone else for decisions that ultimately YOU have made. GL.
did you read my earlier post? or was your question purely rhetorical? if they reach $5.00 plus, DECK will be a good buy at these prices.
The stock price is $67. per share and they are projecting $5.00 plus for 2016. They are making changes to continue to grow the company. They make great products and have a great brand to launch from. The management seems to have the experience to make it all come together. What am I missing here?
I know we have back seat drivers on the board. It seems to be the old story of the guy in the mailroom telling everyone that the CEO doesn't know what he is doing.
Good luck to the longs and the management of deck.
Again management buys another 1M shares at around $73+ a share - where is the stock price at? I really don't get why they can't reward the stock holders with a dividend - this would also get rid of some of the shorts. How many more options did management get for this quarter. IMO - the quarter was decent and I thought the stock would rise but we already know how well I'm doing here. GLTL
I believe people have more confidence in poor forecast for this quarter, with 2 months already recorded, than in more optimistic yearly forecast. Also they have a story for why backlog is flat year over year, and it may be true, but as far as booking is concerned, stores want fewer classic UGGs. It also bothers me that with all the emphasis on brands which are not oriented to winter, eps is still so seasonal. I am out of the stock, but wouldn't be surprised if more optimistic projections actually come true.
Absolutely VFC could buy DECK, at 10x earnings like they always pay for acquisitions. That will be a buyout price of about $51/share.
And frankly VFC is fools if they do.
Bwahahhahaha.......you an your ilk have been saying this for 15 years and running.
You really don't have to look further than the chart. This stock has been under distribution for months. I think it's headed to around $60 or so within a couple of weeks, regardless of what sell side analysts say tomorrow. As for an acquisition strategy as some have suggested, companies want growing brands at a reasonable price. I don't think that's Deck.
Guiding up my arssshole, only if you leave out forex, which the analyst don't. Pre-orders are light, inventory is too high, they're praying for internet sales to bail them out.
Next qtr rev/EPS guidance is a huge miss.
Sorry An-hell, Ugg's day is done and Teva is soooooo 15 years ago.