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Deckers Outdoor Corp. Message Board

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  • indian8788 indian8788 Jan 25, 2013 2:47 PM Flag

    Squeeze!!!!!!

    it is the name of the game. It is not over yet.

    Z

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    • A short squeeze normally refers to short covering that displays characteristics of a panic. That has not yet happened to DECK -- though it is quite possible that it will happen. If it happens, we could see something as dramatic as a ten-point rise in a single day.

      One reason today does not qualify as a short squeeze is that today's volume does not show evidence of a panic. The volume is strong, but so far it is not super strong. A five million (or greater) share day would be closer to the panicky behavior of a true short squeeze.

      This is not to deny that today we are undoubtedly seeing a lot of short covering. But it might only be a harbinger of things to come.

 
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