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Skullcandy, Inc. (SKUL) Message Board

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  • rjmcbear rjmcbear Jan 25, 2013 9:44 AM Flag

    Another downgrade today

    I own another stock that was downgraded by several firms a week before earnings. Jeffries in particular lowered their price to $28 while this stock was trading in the low 30's. These downgrades all came last week and the stock reported this past Tuesday after hours. The name of the stock is CREE and they beat on both top and bottom lines and are now trading in the low 40's, $41.50 to be exact and is a new 52 week high. How could these guys be so wrong a few days before earnings? I don't trust analysts!

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