Janus New 3.78M shares of DECK. They are orchestrating a buyout
There's no way Janus takes a 3.78 M share position in DECK if there isn't serious positive news on the horizon.
44% Short. Hey can't get out without shooting DECK to $50.
If a buyout is announced, it'll likely be $50. This is what the options market is suggesting. The question is when. I suspect that once the institutional investors have their fill, they'll help support a buyout.
Janus didn't buy this many shares to lose money. Bank on it.