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Skullcandy, Inc. Message Board

  • nahid666p nahid666p Aug 21, 2013 3:46 PM Flag

    OnePoint

    The market is getting too scary. TBT and interest rate went up.. What do you think of this Market? Do you think FED will put money in the market again?

    SKUL Company was doing well for few days after their report. I thought it will get buyout soon for few days.

    Volume was low today. I am surprise they have not buyback their stock yet .

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    • I think the S&P wants to get into the stick of June 24th which on the S&P futures contract had a high of 1586 and low of 1553. Today's bounce is a nice try but it is going against the high-volume downdraft of Aug 15th which had a low of 1654.25. Today's high, so far, is also 1654.25 (on the futures), which is also within a few pennies of the 50 DMA. The volume is going to be a lot lighter.

 
SKUL
3.42+0.01(+0.29%)May 2 4:00 PMEDT