Two years and one month ago, this stock was at 80+ share but the sheepskin crisis was underway and stock was going to correct. Stock over the next 10 months in that time proceeded to sell-off 75% off the high.
All it took was 10 months to wipe away any profitability by anyone invested in the prior 5 years at that time.
Now we know UGGS is not a fad. We know cold weather is here. We know sheepskin has declined 18% the last 24 months off the high in 2012. We know management bought tons of stock back dirt cheap. We know sales have been as expected if not more so due to Angel Martinez's reiteration of sales forecast lastt quarter and at his speech at the IXR conference a couple of weeks ago.