SKX is a profitable growth company with great products. I believe the shape-ups and toning shoes are a great alternative to the painful shoes out there. I love my shape-ups for the comfort and will definitely not buy any other brand shoes again.
Stern Agee is valuing the company as though they are going bankrupt.
Management is definitely taking a back seat approach which is not right. Look at all the family owned companies out there from BMW to L'oreal and all the rest. The family takes pride in their product and stands behind it.
It is time the Greenbergs get involved in the public statement and stand behind their product and the 40% shares they own.
I have one....fckn b.s. What's the toll free number to the S.E.C.?? Didnt he just admit to insider information? Made a few calls, had some buddies with shorts, and made the rating change. Oh well, nothing I can do but double down...just bought 930 more shares...I guess I should thank him