Article out on seeking alha claiming Dckers is overvalued
So I ask the author then why 6M shares that were short just 6 months ago have covered and continue to cover every month? I would also like to know why he believes management has not sold their 2.6% worh of stock in over 19 months as well as wh management/board of deckers felt that an aggressive 300M stock buyback was worthwhile; the first one initiated when we were at 72/share and the second one when we were in the 50 dollar range last July for 200M.
Hmm...seems like a hack piece to me. Seems to me somebody wants in on the stock and wants to create some negativity. There is always an agenda.