As people Jaques, finding undervalud vs overvalued is not difficult. I see i with people all the time and I've experienced it personally in my first furlough in inesting. People play overtheir head and they nver lear. They buy houses the can't afford, the buy cars/lease carsthey ca't afford, they spend more than they earn(charge that right up please, 'll gladly pay you 25% just to lend me money!).
Over and over aain. How abou waiting until you can pay fo he pruchase? lol. No thanks, I'd pefer being trppe in nevr ending debt. But thanks anyways. lol
Over and over and over again in our "beautful" socety. We are a nation of slaves who just don't reaize it.
Based solely on the amount of UGG boots that I have seen with my own two eyes since November, I think that the brand is quite popular. Your research says that the stock should be valued in the 50's or 60's. As much as I would like to agree with you, I can't understand why some larger investors with some intelligence would not be speculating with small bets on this stock. It seems that they should be snapping up shares on any decline if what you say is true. I am a believer. I just wonder why they don't see what we see.