are you watching the REAL market people? The algo's move the stock at will...sure the index is down...but nobody is selling our stock. Volume is anemic. Despite stock market bleeding, volume remains continuously low.
Fundamentals AND technicals both pointing to over 100/ valuation and algo's and those running them pretending otherwise. This week, month, or next month. It's inevitable.
So much protection with 6.82M shares ALREADY short...they are trapped. At this valuation, there is much protection when one buys in as a result of RECORDEPS projected for 2015 before UGG PURE is even fully integrated in 2016. Company will have over 1B in working capital some time in the next 13 months.
Shorts have nowhere to go.
We have so many weapons.
Company projecting record EPS of 5.66 for 2015, UGG PURE won't even be full integrated until full year 2016.
Company has the capability of buying back more than 20% of itself over these next 24 months with cash to cover inventory costs and other expenses.
No brainer. Over 1B in working capital on hand within the next 90 days-110 days and 1.15B+ in 13 months.