Definitely a manipulated stock. I mean really, 49.50 last Friday, 2 days later 43.50. Just pure stock manipulation by some fund or funds. The SEC is a joke, allowing this to happen over and over again. You may be right on the buyback, but this is not an investable stock. Huge moves everyday, only makes for a day trading stock that is greatly manipulated, and if you are not in the know for the day, you get burned on this stock. Nothing from management, to suggest positive moves. DECK was probably the buyer on Friday driving up stock price, and today no buyers just sellers. Shorts control this stock, and have for quite some time.
I hear you...we need "meat-and-potatoes" accretive news", such as a big-new distributor, increase in guidance, another acquisition, or something to let shorts know that this is "un-shortable" at this level.
Think about what you are saying . . . how can there be no buyers just sellers? Who are they selling to? If shorts are artificially bringing this stock down, that's a good thing. Deck can buyback cheaper and I can average down. When this stock recovers, it will do so quickly . . . thanks to a short squeeze.