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Skechers USA Inc. Message Board

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  • jkwelli jkwelli Dec 3, 2010 5:30 PM Flag

    Nov Sales Report out

    Regardless of my entry point.

    SKX has gone up $3+ since Nov.

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    • You are up $3 only since November 1, if you use any other day in November, the amount is lower and in some cases, such as November 30, it has gone down. The fact is that it is down more than $5 since September 3, to use an even date number (today is the 3rd). You are probably one of the few longs who is up on this stock. I am down a little and will sell as soon as I can. I think this management is mediocre at best. There is no reason for this stock to have gone down as much as it did in the last three trading days. With a little credible support, it would have performed better. I think buying back 10% of the os shares is too much, but 5% is doable and logical.

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