Huge short position wants to book gains with tax gains in mind. Hedgies and Financials don't want this one on their books at end of year, ugly losses.
Small investor that could care less can let them fight it out and buy when there is blood in the streets and SKUL is offered at outrageously low prices, like $8.18. Fundamentals are a steal and nobody expects anything but a disaster of a quarter followed by horrible guidance. SKUL could actually bump higher on bad news.
smart phone, iPads, tablets...are all becoming the entertainment centers for the young and Skullcandy is one of their favorite headsets for enjoying entertainment on them. Decent prices and decent quality with a little attitude, its what those millions of young buyers want.
GLTA, please tell me what I don't understand about Skullcandy. I even have an Apple store in walking distance of my home. I'm always asking the sales clerks about Skullcandy and the sales look in Dallas Tx. Anyone else doing a channel check while out shopping this week end please post