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Deckers Outdoor Corp. Message Board

  • therealguzz therealguzz Jan 18, 2013 2:23 PM Flag

    KORS LOOKING GOOD

    Its a shame DECK is down when KORS is flying, its hard to believe that DECK was $42 a week ago and $41 a few days ago and $39.35 on Wednesday

    Sentiment: Hold

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    • KORS have always been good since they went IPO from day 1. I made a good chunk from them last year and stayed away from DECK. Now I'm back in at $34. Unless you're a privately held company, you need to do PR work with Wall Street. Otherwise, no one gives a darn if you make money or not.

      When was the last time Angel Martinez hold presentations with analysts ? show them their upcoming collections and share their vision about growing the company beyond Uggs. They didn't even address the inventory issues and increased sheep skins costs until earnings release. But the analysts are not stupid. They have their own 'eyes and ears' around in retail and supply chain so they will always put out the information before the company is willing to admit.

      Shame on them. I wish them well since I'm long but I hate to see management not care about their stock price. When was the last time Martinez and the Board purchased shares ? It was 7/11/12. Why didn't they announce how many shares they have repurchased ? Maybe they were buying a few hundred here and there but not significant to tell the determined short that management is serious about the stock.

 
DECK
81.53-1.91(-2.29%)Jul 11 4:01 PMEDT

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