Not focused on Target or any store, but rather the overall business model and strategy of Skul, its competitors and the headphone marketplace. I'm an investor and you're a trader and we're focusing on different stratagies. You clearly understand the technicals and wish I new as much cuz I think this stock could be played for a lot of money. I bought heavy in the 15s last week believing in the company and also believed little downside risk....an obvious mistake now after the slide down. But firmly believe in a recovery and stock appreciation over the next couple of years.
Skul is a fashion/fad company whereby marketing and trends mean the difference in this competitive market. That is why beats does well. I truly believe the youth are into headphones and we all know mobile is the future, so I can't see headphones on the decline. Skul just needs its share of this large market and the EPS will tell the story.I love its marketing, target audience and international presence.
Head phones are the new accessory of today. It may not be of interest to me (a 42-year-old accountant) but they are the trend and the style of young people today. 25 years ago I would've given two fingers for a pair of Nike air Jordans. Not because they were any better, because they were the fashion of the 80s. And I think skul has its finger on the pulse of today's youth and headphones. Apple and Skullcandy do not play in the same sandbox. So I am long on business strategy versus technicals.