i think Skull with make 3-4 cents per share Q3 on foreign exchange gains based on the rise in the Euro.Not that this reflects its business, but it impacts net income. They lost a couple cents per share last quarter on fx and still exceeded their estimates.
Since I began seriously following Skull this summer, I have researched the social trend and interest in this company for more time than I care to admit, which I think is relevant to Skull unlike alot of companies. Its amazing how many people know this brand. Just on FB alone, they have increased followers by !00k in two months.The majority of sentiment is positive which speaks strongly for a company that is so focused on growing the brand.
I do think EPS will hit an all time low before rallying up over time. No short squeeze will happen, but I think 20 happens next spring.
Good points Chaz and an astute observation concerning the FX aspect.
The published material out of Seeking Alpha has been bearish the last couple weeks. When it's at the top all their articles are bullish. So, being naturally contrary, and wondering who is paying to publish these bearish articles, I sort of suspect that worst case all we might see is a shakeout. But I don't have to sweat it; just wait for a buy trigger.