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Skullcandy, Inc. Message Board

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  • coreylynnh Jan 2, 2013 9:53 AM Flag

    OK . Just bought in here near 8$ . . been watching for awhile and think she is finally ready to pop.

    And so now what are you going to do with your stock bluvit now that the stock is in the 6's and maybe could go lower? This was my original question. Are you going to dump? You were yet another investor along the way saying this thing is shooting up. Do you still think so?

    This is one of two things. A downgrade as a knee jerk reaction to the stock's poor performance lately and somebody finally using that conference call information to say competition is pressuring SKUL and reducing margins. In this case it is white noise and a good buying opportunity. OR there is something bad on the horizon for SKUL. The only actual bad news is that SKUL will no longer grow or will begin to lose sales. So this is the decision point. Most frightened shareholders will just assume the stock is headed for the tank and dump. The downgrade does nothing to change my point of view on SKUL. What will it do for everyone else?

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