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Skechers USA Inc. Message Board

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  • jkwelli jkwelli Dec 22, 2010 8:57 PM Flag

    24% of Float Still SHort

    You COMPLETELY miss the mark and are intentionally misrepresenting me.

    I am more than happy that all ethical longs make money.

    You can sell/buy, cry, short/long, make or lose money.

    I never ripped you for what you call dumping. Always good to make a profit. You just are plain misrepresenting me.

    I am glad SKX has 24% shorted.

    I can easily wait 3 or more years for shorts to cover. If SKX drops to $16, I won't be pulverized. The point in all of this is that I am holding a good company, not that I am waiting for the shorts to cover. The good company part, will cause the shorts to cover or suffer eventually.

    If shapeup sales decline 50% I will say ok how is the rest of the company doing that I valued at $20?

    It may not be easy for some longs to hold with the short SKX bashers, the ridiculously late downgrade and the would be buyer-bashers but I can wait.

    I don't think SKX's $5 per share will disappear. In fact, it will probably contine to grow at least $1 per share per year until they spend the money.

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