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Skechers USA Inc. Message Board

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  • cwebjohn cwebjohn Feb 17, 2011 12:55 PM Flag

    Yes, the earnings report was good.

    I wouldn't be so hasty in any generalizations...

    The world is supposed to end in 2012 NOT in 2011.

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    • I think I've made my points of fundamental analysis clear. The company is cheap, great balance sheet, but they have a big hole to climb out of. The more I learn about their execution, the less I like (with the exception of their international expansion).

      They can not possibly come close to analyst expectations for this quarter, and all analysts will be lowering their estimates. How will the stock react? Well, I have seen some stocks go up on downgrades, but that is not the norm.

      I'm glad for all the longs who may be making money or cutting their losses, but I feel sorry for the ones who have stars in their eyes and think that we are about to surge higher. Chances are that they will be disappointed.

 
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