Book it. All that cash and record earnings. Stock will be nothing less. I saw under armours rise under indian8788, I see the same here.
And I believe it's a $2 billion company. When I got in this firm it was trading at less than 10 times earnings and only 4 times its net working capital.
But that's what makes a market.
Buy at 50 and sell it at 65 is my motto. Therefor today I have it at a sellllllll.
look at under armours chart....a result of increase in revenue and profits. For Deckers, in 30 months, the chart will be similar....but the result will be from increase in CASH.