This apparently is supposed to be a DECK message board with actual thoughts and solid investment ideas. Instead it is simply a crazy person's blog who has a serial killer obsession with this company's management buying back stock. Just look at today's topics...he is just writing to himself.
Want a winner for the week...exit DECK and move to ULTA. More benefit and you can revisit DECK after Thursday's ULTA ER to buy DECK at 75-77. This is dead money until the next ER unless you sell covered calls on the shares.
They should use the cash and keep buying back shares at this ridiculously cheap valuation. Makes more cash than American Eagle and Abercrombie combined(those two companies are worth more than 5.5B combined). With UGG PURE and growth in revenues as well as cheaper store investments going foward, more cash should be coming this companys way.
This is a bargain and money managers know it. Look at the names of Major holders. Only more going to be buying in.