I have marked this and you are an idiot. You were wrong before earnings and can't admit things have now changed.
What would be any compelling reason for a sharp rise up at this point? None. This is totally dead money. I would be VERY surprised if it goes to $80 any time soon. I think $70 may happen before $80 at this point.
Actually I told you earnings would be great and they were, so name calling is not necessary. I think you are the one upset because if I remember correctly you were the one that purchased around 84 only a few weeks ago. Unfortunately for you, the stock went down, but if you actually purchased the stock like me you'd still be sitting pretty albeit not as pretty as before earnings, but so what ?
Question is did you invest in DECKERS the company or are you attempting to make a quick profit?
I you are attempting to make a quick profit you must also know then know the potential for quick loses is also great.. As for me, I continue to buy, sell and hold DECK, I held before earnings and do the same after earnings and it has rewarded me well. Yes things have changed for the company, it has come back from the dead only a year ago and is back in business and is expanding its stores, marketing more, has a clean inventory, doesn't need to discount its products. I wouldn't call that dead money. Ever heard the term you need to spend money to earn money?
As for the stock, it doesn't matter to me if it hits 70 now, because it will hit 80 soon enough and one day it will also hit 100 or 110.. and when it does, I'll be doing some buying and some selling and more holding. Everyone still forgets, this company could also get acquired.