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Skullcandy, Inc. (SKUL) Message Board

  • charlesmoscoe charlesmoscoe May 2, 2013 5:16 PM Flag

    Early thoughts

    Who knows what will happen with the share price tomorrow, but clearly the right team and investments are in place for the future. Turnaround clearly underway. Cash position is strong, zero debt. Q1 and Q2 are resets and maybe the rest of the year. 2014 and 2015 could potentially be blockbuster. Can't see much of a downside at these levels and the potential upside is the moon right now given the NEW direction of the company. Its a balancing act right now with SG&A as they don't want to 'miss' but on the other hand they have to spend a bit more than they like to set up the future. Could spending finally be under control?

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    • I follow IMAX and they went from 27 to 25 after earnings but a week later they are now at 27.50ish

      Apple after earnings went from 407 to 429 to 391 and closed that day at 405. Now apple trades at 447 a week later.

      We may not see the real results until a week later. I think tomorrow could be down because we have a crowd who buy before earnings hoping to hit big and plan to get out the next day no matter what. We could be down because revenue missed but be up next week when people look long term on SKUL.

 
SKUL
7.785-0.205(-2.57%)12:15 PMEDT

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