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Skullcandy, Inc. (SKUL) Message Board

  • michaelsistowicz michaelsistowicz Feb 26, 2013 6:34 PM Flag

    Rose Colored Glasses Coming Off...

    No disillusion here:

    Look Alden hand picked Andrus to run his company (and trust me these guys think it is THEIR not OUR company)

    For 1.5 years of being the CEO Andrus was given 8% of OUR company as well as a burden of severance and new CEO compensation to overcome.

    Guidance has been driven down, there is no indication of any substantial benefit from their gaming or any other new product introduction nor have they shown any urgency to announce or launch anything.

    Alden has 10% of his holdings registered for sale. They have given no indication of 2013 guidance. Institutional ownership has been chopped off at the knee caps... Share price has steadily declined even after the CEO resignation.

    Honestly LONG term this company may rebound, but don't expect any dramatic move (to the upside) after earnings. They will have to put on a pretty good investor friendly dog and pony show on the 7th.

    IMO

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Bye bye. Nice having you around. Don't waste your time here anymore. Why haven't you sold out yet? Why haven't you gone short yet? Now that you are not disillusioned you should see that this is going bankrupt soon.

      Your losses are strongly biasing your opinions.

      Sentiment: Strong Buy

 
SKUL
8.29+0.09(+1.10%)Aug 29 4:00 PMEDT

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