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Skechers USA Inc. Message Board

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  • cklicata cklicata Jul 26, 2012 12:02 PM Flag

    A Loss is still a loss - even if you beat estimates

    skx stock is trading at liquidation value. It is hard to say it is overvalued when operations are ascribed a value of 0. The recent transaction of collective brands selling their shoe brands to wolverine for several billion dollars indicates the huge intrinsic value to the brand names alone. Skx stock will move up from here. The worst is over. Q3 and Q4 will be much better than expected and 2013 is looking like 1.50-2.00 in profit at least. margins strong, inventory great, shelf space expanding, retail going strong for their owned stores. All at 0 value. Get on board.

 
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