>>TRLG is guiding up.
I don't know about DECK, but if you think TRLG is a good bet in the coming retail storm I think you're probably mistaken. TRLG jeans have been on clearance racks everywhere i've been. Way too much denim out there and the high end denim heavies are going to be the ones that suffer.
I don't have a position now. Anyone short from 120 is still in better shape than someone long from 140 or 150. You are assuming every short shorted at lower levels, but you're not being equivalent in assuming every long went long at higher levels.
you longs are funny, worst economic climate in 20 years, a fad brand, a company w/ 2 other non performing brands and you still are looking for 140+.
you honestly deserve what you get.
i cleared out my puts last week for a nice gain. am looking to get back in once you longs push the price back up some more.
i do just have to say, thanks for the easiest money i have made in a long time.
well its next peak IMO is around 180-200 later this year.
Share price is probably near the low for now. Shorting now looks to me like out of step.
But if you do short now, you may be part of the nice upward push as margin calls force covering. That could happen at any time.
All you guys are just foolish. DECK has already retraced from $167 at its high to $110 yesterday mid day. I have been shorting on and off all the way down.
The question is does DECK give back more of its gains and trade at a reasonable PE like its' peer stocks or go up next week after the earnings report?
We shall see.