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Deckers Outdoor Corp. Message Board

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  • chkpfbeliever chkpfbeliever Feb 4, 2013 2:14 PM Flag

    bought on Friday at $40.25, sold this morning at $41.25 B4 I could change it. Now going back in ....

    I noticed the $42 resistant level and had passed up selling at $42 on my earlier buys. So last time it hit $41ish, I sold all and have been trading back and forth. It seems range bound at this point until the earnings and forecast proof that they can pull it over. The cloud that has been hanging over since Summer has kept it range round so the traders just play the swing trade game. At least you can still make money that way. I first came back to Deck after it recovered from $29 and bought at $33, sold all at $41 and then got back in at $36. Sold last week at $41 and now back again. The past 2 months were swing trade on takeover rumors and but rumors are rumors and they don't stay long. I just know not to be shorting this stock since the float is small and the squeeze will be painful.

    Good luck to all.

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