In every market, bullish/bearish, money flows to where it gets the most appreciation ith the least to lose. The market goes down today and will probably be down for the week, yet Deckers wll finish the week up 3% at its current price!
This is what outprformanceis.It isn't necessarily netflix jumping 50% in day, it is gaining 3% a week in a market tha did nothing or went down. It means money flowed here from elsewhere.
The reason is as I have stated, we are trading at least 50% below the value of selling off our core brand UGGS and some of its futurecash. The whole company is worth more.