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Skullcandy, Inc. Message Board

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  • onepoint272 onepoint272 Feb 9, 2013 11:47 AM Flag

    Is this the bottom?

    Allow me to correct that penultimate paragraph:

    The difference now, is that the smart money is stepping in EARLIER to buy the SOW, hence a lower result per share or more churn.

    Of course much if not most of that SOW-buying must be the smart shorts covering. I think what we're witnessing is more and more competition for the supply of shares available on a selling day. They are stepping in and buying the SOW quicker, to beat the other smarts to the punch.

    I'm trying to remember too, that during a bear market all the news is bad news and at the bottom the news is the worst. Can the news get much worse than low-end guidance and the CEO stepping down?

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