Can you imagine all the new headsets going to be bought as the consumer starts to switch from lap-tops to these new mini note pads? They will upgrade the cheap headsets that come with these devices over time.
Pretty big stuff.
Oh by the way... Coach just rocked the market in earnings. How? Deep discounting and coupons. Increased sales in Europe. Decreased inventory.
SKUL does a little discounting and it gets hammered. The handbags that WS traders wives have gets rewarded.
Stock price jumped and Coach barely beat estimates. It seems that analysts have low expectations for retailers and are surprised when they beat. And their inventory continues to grow, but nobody seems to care with them.
I really believe the momentum of Skul hinges on next week. The earnings and call is so pivotal and will create either many believers or skeptics and will start a trend in one direction or another. The share price will not stay around 12....it's moving up or down 20%- 40% from here. I am a strong believer in Skul and think they will beat estimates and send a strong message about 4Q; they will already have one quarter complete and some idea how sales are going.
But it's hard not to second guess the company when so many are short the company. Somethings gotta give...
That short interest is going to go down next reporting... Again! Million shares traded today possible at the 12 level. Shorts have started an orderly crawl towards the door. They have created fear and taken advantage of it. You can tell who is in their camp by their articles and down grades. Pretty slick on their part.
Q3 and full year guidance is big. I can only speculate that Mr. Andrus hasn't sparked some press releases or forward comments as he knows his company and his holdings are strong.