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Deckers Outdoor Corp. Message Board

  • jimmach123 jimmach123 Feb 28, 2013 5:36 PM Flag

    Tomorrow

    Would not be surprised to see several things:

    1. No or only 1-2 upgrades; maybe a couple price reiterations, but no major moves.

    2. No major short squeeze. Top about 44-44.50, then a trading range 42.50-44. If you were going to see a real squeeze, we would be at 46-48 right now. The initial pop came from the EPS being much better than expected. There is no real earth shattering catalyst from the CC or report to press this to 50.

    3. A slow drift back to 40 over the next week or two.

    Wedbush had it about right - a neutral hold with a $45 price target.

    The report was ok - not bad, not great, kind of like being in "40-45 range purgatory ok."

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