Yesterday DECK gets a strong buy and gains a dollar. Today, the Short Sellers (Naked Short Sellers?) take it down for a quick and sweet 4.5% gain.
Wow! Who still believes the market is NOT manipulated on a daily basis by television, internet and hedge fund personalities?
DECK is likely dead in the water until the next POSITIVE earnings report. The Short Sellers are entrenched and not the least bit fearful of a company or market induced COVERING raid.
shorts are locked in but bought plenty of protection of jan and other calls at 50 and 40. each time they buy more call protection, they slam the stock down some more. what a market, huh?
i believe that we are going to see the 40's in the next 5 months and then upward from there