be it because of the warmer weather up till now and possibly "missed exoectations" has pretty much happened now. At this price, it is free lunch going into the earnings.
Back the truck up! lol.. Just kidding..
Probably right. DECK was in the high $50's less than a month ago, and began a run toward $70 on nothing more than momentum and positive expectations. Its all about the guidance. If optimistic, the stock will take off again.
It's called a correction/profit taking. Everyone has different investment goals and different premises.
At the end of the day, if Deckers performs as well as expected this year, stock will be up in the 80's or higher come april as UGG PURE becomes more in play.
Anybdy invested this stock from 5 months ago has not lost anything while the market has given up 7%.