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Fossil Group, Inc. Message Board

  • hahn1962 hahn1962 Aug 6, 2010 12:16 PM Flag

    Is FOSL finally going to fall after next week's

    earnings? This POS makes crap that nobody wants, but the company keeps posting great earnings.....beats me, but the fundamentals and reality always have ways to catch up with the stock price....FOSL is long overdue for a major fall in my opinion, just my opinion, that is. May we see $33, please?

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    • this bad boy doesnt seem ready to fall but it may be soon. I would be a seller over 130. too many other ways to play rebounding economy with stocks with lower PEs then this stock. The bull mrkt in this stock is getting long in tooth, too much downside.

    • YOU never know what will happen
      in the markets, especially
      with non-discretionary products
      However, they have good cash
      flow, 1/2 billion in the bank
      withh only 7 million in debt.
      Their PE of 17 isn't low, but
      it isn't outrageous either. If their forward guidence is positive, the stock will hold.
      If not, (including missing
      earnings,) the stock would go
      to 33. we shall see. DO YOU
      OWN IT?...I DO!

 
FOSL
59.74-1.32(-2.16%)Sep 4 4:00 PMEDT