You really do have to laugh at how the game is played. The same guy that brought it down now brings it up. Welcome to wall street 101. Just a short while back he said it was a 28 dollar stock. Gotta love the game.
jaquecroissant: I'm really baffled by your cynical post. Sam Poser was right to downgrade DECK last year and this year -- the company had problems that we all came to understand -- but now the company's sales and future are looking bright again. So he changed his view. It seems to me that Poser has shown his expertise and done his job very well. Those who followed his advice have prospered.
By the way, this is my third post this morning. The first two (about Poser) never appeared on the message board (at least not when I read it).
The stock should have a huge move up today and in the near future.
I don't usually place much weight on what analysts say about DECK -- they've mostly been wrong over the last ten years about this stock -- but Sam Poser at Sterne Agee is another matter. This turnaround from him is huge news! He knows a lot about shoes and DECK. The stock should move up a lot today and this week.
I must add that I am not at all surprised by Poser's turnaround. I've been waiting for it. I just bought a lot of shares last week because my study of UGG sales indicate that this is going to be a very good season for UGGs and DECK.