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Deckers Outdoor Corp. Message Board

  • questioncnbc questioncnbc Sep 13, 2013 10:07 AM Flag

    Express CEO on Mad Money last night

    So Jim Cramer asked him to explain why despite their currently doing so well, their stock got hammered almost two years ago falling as much as 40% or so.

    So the CEO explained that they had 1, read 1 bad quarter, and this is the nature of the game. That is how the game is played(ie stock market) and so now that the company is hitting on track again, market is appropriately rewarding it with higher prices.

    Same thing here. We got knocked down, but we are on our way back up to new high's with new product, ugg pure, and store growth.

    There is a reason insiders holding on to more than 35M in stock.

    Z

 
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