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Skullcandy, Inc. (SKUL) Message Board

  • krug82 krug82 Mar 7, 2013 7:43 PM Flag

    Tomorrow

    Will be interesting to see how the market interprets this news tomorrow, just as good of a chance we could end the day at 7+ or higher versus 5 and change. The market will stay irrational longer than you can stay liquid. This has been an easy short for far too long as the company turned in great earnings, let the games begin mañana.

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    • The stock price dropped big time last fall while earnings were still strong as analysts saw the writing. Even with a loss in Q1, if the story turns stronger the stock price will increase ahead of EPS. With only 15 mil of shares in the float, it doesn't take much institutional interest/buying to push the share price up. Just need some of the firms to believe and they will buy in at these prices.

      • 1 Reply to chaz16669
      • I am beginning to think it's just all a big game, not tied to fundamentals at all, analysts see the stock price and find confirmatory evidence and multiples to justify what they observe. We could wake up to a 9 dollar price as much as a 4 dollar price, retail investors are pawns, oh well, let's see what tomorrow holds, but can't rule anything out.

 
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