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Deckers Outdoor Corp. Message Board

  • johndoolittle46 johndoolittle46 Jul 10, 2013 9:47 AM Flag

    The MM's just took out a ton of stops

    lol manipulation at its finest. Two minute "shock" drop. Never use stops. I own this company, nobody stealing my shares. No sir.

    Z

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • A great trading stock. In at just below 50 over the last couple of weeks, out yesterday at 53.59 for a quick $3500. Will buy back at 50 to 51sh and do it all again. Done this all year, rarely a losing trade.

    • Market makers provide liquidity. Contrary to what you read on the Yahoo message boards, they don't purposely "take out" stops. The stock market is a virtual auction, made up of buyers and sellers. DECK is declining now, because there are more sellers than buyers.

      Do you see why you can't rely on a stock that closes at the high of the day (yesterday) to be guaranteed to rise the next day? There's much more at stake here, including the fact that DECK is in a confirmed downtrend, even though it traded countertrend the past several sessions with the market. That said, it's still early, and anything can happen.

 
DECK
78.81+0.46(+0.59%)11:26 AMEDT

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