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Skechers USA Inc. Message Board

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  • lrking1 lrking1 Feb 14, 2011 9:00 AM Flag

    contemplating

    whether or not your post is truthful or not, it has convinced me not to buy. thanks for the info.

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    • It was not my intention to sway decisions, the things I posted are just things I missed with a lack of proper dd when I first came here, when the fundies looked to good for the big drop going on. I still like the fundies a great deal if management executes these next two quarters.

      If you check my other post, you will find, I am indeed long the stock with a hold sentiment (though I seldom remember to mark it). I will very likely buy more at lower prices unless something crazy comes out of the upcoming report. The only shares of this company I have sold are a few shares I got one morning in pre-market with a bid I thought was a joke (it filled) and when the stock ran up I sold them.

      I put in the other post, IMO you must accept you own part of a family business to be here. I have done that for now and am giving management the benefit of the doubt for this report, but with some protection.

      Just did not want you to think I was bashing the stock, I own it going into earnings and unless the story changes drastically will own it at the next report.

      GLTU

      • 1 Reply to catch83sails
      • i was lazy with doing my own dd and just looked at the fundies as well. i didn't bother to dig in and uncover the two classes of shares which is what swayed my decision not to buy. i prefer companies with somewhat higher insider ownership but not this much family ownership and such an advantage when it comes to voting. i think it hinders a company's ability to be objective about the company.

 
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