This happened to First Solar and it ran up from 27 to 39 in 20 minutes. Wondering if DECK can experience a similiar type of squeeze now that there are no shares on the table for May or June expirations?
I don't think DECK is any where near hot as FSLR at this point. There's simply no catalyst in DECK in this season of the year, unless a bored analyst issues an upgrade. I'm short FSLR with weekly calls sold and hoping it expire worthless this week so I can get out of FSLR before earning.
Catalyst is future cash production. warren Buffet has said in the past that if you are going to buy a company for 10B, then that company better be roducing at LEAST 800M in cash(8%). Deckers is trading at 1.9B and producing 250M+ in cash(13.6+%). ;) Time is the factor now(1694.5 days to be exact)