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Skechers USA Inc. Message Board

  • paul_g_power paul_g_power Oct 28, 2010 11:37 AM Flag

    8 m shares already changed hands and we..

    we've just had our cappuccino

    Huge amount of shorting also today, unbelievable volumes for SKX

    Think about it, the Float is 32.66M shares and 15 - 20 will change hands today. Huge amounts of computer generated sales and margin calls already. Big reversal due by end of day. Could finish between $20 - 21. Profit taking will also kick in.

 
SKX
136.95+0.18(+0.13%)Sep 4 4:02 PMEDT