Fund completely liquidated Carter Inc and Google but DECK remains in the top 10 (reduced stake by roughly 10% from last quarter). I'm seriously considering getting back in. The downside appears limited at these levels. At the company's low during March 2009, P/S ratio was 0.7x - the current ratio is @ 0.75x. I still believe Sanuk will do very well long-term and the Ugg brand is not dead. I'd like to see short interest stabilize a bit - it's been absolutely out of control during 2012.