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Skullcandy, Inc. (SKUL) Message Board

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  • krug82 krug82 May 16, 2012 7:30 PM Flag

    Down almost 5%

    Boggles my mind that the CFO would invest so much money into the company if revenue numbers were coming in so light. I guess the facts are the facts and they have 2 months to make up any shortfall, but CFO should have had this granularity when making his decision.

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    • an optimist might say he can see the skullcandy.com sales which NPD likely cant track but can probably extrapolate from - That would be a kool aid drinkers view of things -

      Turtle -

      • 1 Reply to BigTurtle3
      • And I guess a cynical view would be that they are trying to fleece their investors by doing a staged investment, perhaps lending the money to the CFO or issuing him a put right to protect his investment.

        Because this is generally the exception rather than the rule in my personal experience, I am going with the theory that there's something more to the NPD numbers (which I have not seen and therefore am not putting credence in) and that the insiders know more than me as to the future of the business.

        Time will tell.

 
SKUL
10.85-0.04(-0.37%)Mar 27 4:00 PMEDT