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Skechers U.S.A., Inc. Message Board

  • cwebjohn cwebjohn Dec 21, 2010 12:25 PM Flag

    Conspiracy

    So the conspiracy is that this analyst brought the price expectations down to lower the price and allow for shorters to get out based on the stock price set.

    And not just that, but because the amount of volume increased the shorts had an easy opportunity to get out.

    Then, Nike and Finish Line report today, so that shorts that got out at just the right time. If Nike and Finish Line report solid earnings on shoes, this might affect the overall shoe market and prop up Skechers price. So because they shorted the same day, they were able to mitigate the risk associated with these two companies and avoid the downside by shorting based upon investors fears.

    What do you think?

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33.05-0.35(-1.05%)Apr 29 4:02 PMEDT