Shorts are covering(6 straight months of short covering from 15.5M shares to now 9.89M shares). Management has the abilty to purchase shares to the tune of 79M.
Weather is our best friend. Less than 12 weeks away from September and our main season starts up again.
9.89M shares still need to cover as management is forecasting 7% growth which is conservative so play worst case scenario of flat this year and you still get the same earnings and cash. In less than 8 years it catches up to valuation.
Cheapest stock in the market here. Coca cola of footwear last 9 years.