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Deckers Outdoor Corp. Message Board

  • jwm1031 jwm1031 Nov 27, 2012 8:20 AM Flag

    Goldman Sachs

    Goldman initiates coverage on DECK with a neutral rating and a $33 price target. You think they are trying to help their hedge fund buddies out? Or maybe themselves? We will see if that dog can hunt............I'm betting not. Good luck.

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    • GS is stuck on the previous earnings release. It doesn't believe in the brand/product.

      • 1 Reply to cwebjohn
      • GS is notorius for taking care of themselves and friends first, and in that order. If you look through it all the truth appears to be that with almost 50% short interest several big shorts are stuck. They need help to ease out of those positions and I'm betting this is a payback to them to try and help. Personally, I don't think it will work. Up from here. When the squeeze triggers there will be no stopping it. This is like putting a bandaid on a bleeding artery, may help in the short run but the shorts are still going to bleed to death.

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