In almost every message it seems like a poster expects this so-called footwear report to destroy the PPS another 20%. Are you all seriously out to make a buck off of one single report? I mean, how can you defend a company based on its fundamentals and stab the company in its back?
I am not investing in a company based on a simple report filed online. What if this report was manipulated in some way based on incorrect statistical data? Why can't this data become available to the public? Are we simply paying insiders to manage how we think and operate as investors? And why should we let others dictate how we invest? Shouldn't we have more trust in the management if we are investing in their company?
I for one am sick and tired of hearing about the whole toning business and whether it will make or break Skechers. Skechers is not just a one-shot in the dark business.
I don't think anybody's stabbing the company in the back. We've all liked the fundamentals for a while, but the price keeps getting beat down. We are trying to figure out why, and some speculate that the shorts may use the report for the next attack. Can't you see that the report does confirm some of the reasons why Sterne Agee downgraded it (lower margins, deteriorating market share)? There is both good and bad in the report. Looks to be short term bad with longer term good. Whether the price goes up or down over the next week is speculation.
By the way, the trend is your friend, and until that changes......