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Deckers Outdoor Corp. Message Board

  • questioncnbc questioncnbc Oct 8, 2013 6:02 PM Flag

    Aug 27 DJI 14776, DECK 56.99

    Today DJI 14766, DECK 61.28.

    Its a long term trend. In the short term, if the market continues to tip over, which I'm betting it does, DECK could overshoot to the downside creating a coiled spring, and then when full year comes out and forecasts for 2014 come out, kaboom, like a coiled spring.

    The string is coiled here, but there is still time and "uncertainty" before tdebt ceiling shenanigans and 3rd quarter earnings, so anything can and WILL happen. Always expect the worst. I expect the 50's now to create that coiled spring.


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