Watch the nba game and you will see sold out crowds at these games. Go out and see peole living their lives, SPENDING their money.
Walll street will huff and puff and try to steal shares away by margin squeezing. Oldest trick in the book and it does tend to work. Remember, the market can stay irrational longer than you can stay solvent.
But the numbers are the numbers folks and the dramatic price movements does not change the FACTS. $128M of earnings in a bad year, 4M shares bought back and retired, 250M in cash was produced this year, 60M sittingi in the bank.
11M shares short compared to 16M a year ago(They basically made no money nor did we unless bought lower).
Insiders hold 2.5% of the total company, CEO holds 1%.
Goldman Sachs owns 9% of shares which they bought in the 30's.
79'M still authorized to buy back shares.
UGG Pure on its way.
Wall street is the grifter class. They will try and steal your shares and they will try hard. They have the unique ability to force a stock to levels one would not imagine(like Apple basically to 385 just a week and a half ago). They like things cheap, even cheaper than chea and they will try especially because THE NUMBERS ARE SO GOOD and I am shouting it out loud.