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Skullcandy, Inc. Message Board

  • master_whipper master_whipper Mar 21, 2014 8:06 PM Flag

    I think something is wrong

    Obviously this had little impact on the stock. The inside trading that is.
    And due to the markets reaction or lack thereof I wonder if it was part of an agreement or something.

    Zacks and TheStreet both upgraded SKUL.
    Obviously the overall market has a positive opinion.
    It's still going up...

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    • The agreement was probably not to give the huge insider sales much coverage until all their friends were short and ready for the drop. Media coverage coming next week.
      Hence the price movement the past couple days. For instance if you look at Time and Sales for today or better yet the 1 day chart 5 min candle you will see they would walk the price up on low volume (often rolling bid/ask up premature. Then sell large chunks with little drop. Classic!! Next week will show us their game. Good luck.

 
SKUL
3.41-0.05(-1.45%)Apr 29 4:00 PMEDT