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.
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.