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Deckers Outdoor Corp. Message Board

  • greg_m_thornton greg_m_thornton Oct 25, 2012 6:30 PM Flag

    DECK is a good buy at $20 a share not $30 a share. Be patient

    Time to be disciplined and use a stop loss. Get out while you still can. DECK is a good buy at $20 a share but not at $30 a share. Get out while you can and wait a few months and buy back in at $20 a share after they show signs of righting this sinking ship. DECK is not going out of business. They may turn things around evenutually but be patient and wait to buy. Why buy today at $30 a share when you can wait and perhaps buy at $20 a share down the road? Don't try and catch this falling knife....

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    • "Don't try and catch this falling knife...."

      I think the knife is going to stick in the ground tomorrow. Since you hold no position, you should probably zip your trap. At 30 this is trading at a 8-9 multiple to their updated forecast. Not only is the current PE 50% lower than the industry average; I believe the forecast was purposely set low for a beat.

    • the cautious investor should even wait until $10...

      to be extremely prudunt wait until $5.

      for those wanting extra profit wait until $2.

      and those waiting for the penny stock, I would advise waiting too..

      -- Dr. Suess..

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