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Deckers Outdoor Corp. Message Board

  • questioncnbc questioncnbc Oct 3, 2013 5:47 PM Flag

    International Growth

    This is what wall street is missing. This is what wall street hasn;t priced in. This company was priced at 4.2B 22 months ago based on domestic sales/growth, but now we have international growth on the horizon, opening of more than 120 stores over the next 27+ months.

    UGGS are a great product. This stock has been to hell and back. But there is a reason Goldman bought 10% at the bottom and likely still holds its 6%. There is a reason shorts have covered 7M off their 16M high; but still have plenty to go. There is a reason management has held their mountain of shares for over 23 months and hold more than 900,000 shares of only 34.5M outstanding(considering none of these guys were the founders, it is saying something).

    Ah, christmas. Should be nice this year.

    Z

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