The company reported having a clean balance sheet, with no long-term debt and no warrants, and they recently secured a credit line with U.S. Bank. In addition, they are expecting earnings of over $100M for 2013. Including a modest 1.15 multiple the stock will likely gap up to approximately 50% from the close on Friday. So it will come as no surprise to see this stock at or near $12 soon as part of a gap run.
That is SALES, you idiot, NOT EARNINGS.
There should be a minimum education requirement to post here.
At $8.26 it is OVER-PRICED at least 60%.
All of those athletes are very expensive which drives expenses UP faster than sales.
Management is paying itself FIRST.
Shareholders will get NOTHING for their investment.
8girl, you are an idiot. Look at Nike, they pay the top athletes and look at the money they make. Nike was struggling before they signed M. Jordan to a very expensive contract. Look at the other athletes Nike signed. Look at the other athletes signed by other companies. Let me guess, those other companies lose money on those endorsements and OU are the only person in the world that knows this. The companies and agencies don't know it's a losing proposition but YOU do? What a freaking Re-Ject.