As you are probably aware, you will more than
likely be called numerous names etc. after presenting
the previous information.
have seen this retailer but am reluctant to sink
anything into them as I have been able to find games at
large retailers (Toys 'R Us, TARGET, etc.) at better
prices. Also, internet retailers are beginning to kick
the box out from under even the 'big' guys. For
example, OUTPOST.COM has lower prices on games and FREE
Does this information sway your position? Or do think
that most kids want to try the games out at 'Game
Anyways - thanks for the post. Letting the other folks
know what is coming up in your messages is not spam.
There is always the choice not to read them.
I wanted to get your opinion on ETV. I know at
one time you had mentioned it, and may have had a
position at one time. Its taken quite a beating over the
last few months but the insider trading looks O.K. Any
thoughts would be appreciated.Thanks,Twelveville
What was I thinking? I apologize to everyone for
promoting this dog. Now IIIIIIIIIII, sorry, now I will have
to sell a whole slug of this stock at the open.
Big huge soles bad for kids feet
of outdated inventory
Law suit on Marten's knockoffs
class action suit
Will I ever see my initial
investment, in at 11, 7, 5, 3.5, too many slugs, straw hats,
green apples, roaches, verim, I thought I was right as
Ohhhhhh, the humanity!!!!!!!
Just my take
Given the history of this management team,I bet
there are shoe styles that just will not move.Those
styles with the very large soles probably piled up when
the word came out that they were bad for kid's
feet.They didn't have much cash last quarter
I don't know what to make of the class action
lawsuit but it's not going to help attract new
shareholders like institutions.And perhaps that's why the
covering brokers have not said much lately.I'm out.
The class action lawsuit alleges that the suit by
Doc Martens against SKX was known about as a threat
by the company before the IPO, and that the company
should have disclosed it. I don't known what the status
of the case between SKZX and doc is, but I don't
think that is what killed this stock. It was other
stuff that killed it, primarily: 1.) wall street's
mistrust of the history of Greenburg and his kids; 2.) the
LA Gear history; 3.)the way the IPO money was used;
4.)the fact that the money was used to pay money to the
Greenburg family trust (not easily discernible on the
prospectus) and; 5.) the fact that the company appeared to
have a bunch of dead inventory and distribution
problems getting its shoes to businesses.
think the class action has any validity whatsover. All
of the above stuff was information available to an
investor who did his or her research. I unfortunately did
not look closely enough, and am in at 11 for a
thousand shares. But it's not Skecher's fault that Wall
Street doesnt' trust them. I think the company will
continue to make money and do well, but I don't know if
this will ever be a good stock to own, perhaps because
so many shares remain tied up (and will stay that
way so long as the stock price is depressed)
am not a sophisticated investor. I am just sort of
rehashing my understanding of the information I have been
reading on this board and in other publications, so
please set me straight where I am wrong.
amended with a "paste on" that explained the
details of the pending suit. I'm sure if you either
contact the company or their PR firm or either of Alex
Brown and/or Prudential Securities you can find
While I've not tried, I'm sure through Edgar, probably
available on line, you can pull up the pages within the
prospectus that will answer your questions for
Somewhere in my office, I have a copy of the original
prospectus but for the moment haven't been able to lay my
hands on it.
Have a nice day.
understand your use of the word 'Predictably', in
the context you posted.
I am assuming you were
assuming a suit would be filed?
BTW - the orginal
Dr. Martens suit was quickly followed by SKX filing a
suit of their own...stating that the claim of Dr.
Martens to be 'Made in the UK' is not real as part of the
upper linings for Dr. Martens boots and shoes are sewn
in China (or something like that.)
purchased my first 500 shares before the 6/15 suit
deadline...guess I'm involved with something I don't want to be
involved with (I have purchased 1000 since 6/15)
- to answer your last question...the Dr. Martens
suit has not been settled (no information has ever
been released either way). I can't imagine how a
monitary amount can be determined for this new
have a nice day