Tue, Jul 22, 2014, 10:20 AM EDT - U.S. Markets close in 5 hrs 40 mins

Recent

% | $
Click the to save as a favorite.

Deckers Outdoor Corp. Message Board

  • yatozhe yatozhe Jan 11, 2013 7:17 PM Flag

    Short thesis

    Short interest of 48.6%. The 4th most heavily shorted stock in the S&P1500.

    Shorts need to have a thesis for this extreme position. But I don't see it.

    Uggs, Tsubo, Teva, these are all cool and popular brand. It's not a terrible company, profitable, excellent valuation at these prices, P/E is 9, P/S is 0.93. Compare Nike, with a P/E of 23.91 and P/S of 1.88.

    The entire footwear industry has a P/E of 15.29 and not better numbers in general.

    See http://finance.yahoo.com/q/co?s=DECK+Competitors

    What am I missing?? If there is no thesis for this insanely high short position, then someone needs to organize a short squeeze here to make some money on these guys who have gotten in over their heads.

    Sentiment: Buy

 
DECK
84.75+0.93(+1.11%)10:20 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.