About 18 months ago, a bought a bunch of Quiksilver stock, have bought even more since and am holding strong. I was bashed by the bashers, but since that time have earned over 227% on my money. Started at $2 per share, and now it's at $4.54. As a "lucky" investor, I have an amazing track record. Bought Ford at $1, sold at $12. Bought MGM at $1, sold at $13. Bought AVNR and SIRI at low, low prices and continue to see incredible returns at nearly 300% in just a couple of years. -- Needless to say, ZQK as an investment is a no-brainer. This should be up between $9 and $15 within a couple of years.
I'll save my next post until about 18 months from today to prove my point. And to the bashers, give it up on this stock. Quiksilver has a cult following, is a solid brand with great product and will do very well.
For 130% return in 18 months isn't so bad. I'm hovering a little below break even right now. No point in selling but my other stocks are way outperforming ZQK. I'm just hoping for a dividend 2 or 3 years down the road.
Roxy and DC are both very strong brands. I'd normally avoid this whole sector but I don't think this stock is going to go down much further.