and I agree with everything yo_roe is saying....great value here. trading at net working capital....basically ascribing zero value to the brand or the manhatten beach real estate they own ($0.80/share in value)
if the Company is achieving a decent return on that ad spend (which is obviously driving part of the internet searches) 2Q could be a pretty good quarter despite it being seasonally weak.
Skechers should also be in a great position to take share in the upcoming back to school season given their price points.
Governance issues aside (which I think the market over-analyzes in this one), this stock has quite compelling fundamentals as a long-term hold (valuation metrics, international exposure, clean balance sheet, decent brand)