Even if this stock were trading $47 instead of $37, it wouldn't really have that much of an effect on me. I'd feel it was more fairly valued, but not life-changing or all that impressive! I'm waiting for a bigger payout. Anything below where the CEO bought big, is a joke, imo! Got to give him a big premium to even think about what DECK might be worth to someone else!
Might as well turn-off my computer for stock-related trading today, and turn-it-back-on when it gets more interesting here! Boring!
Agree. I also trust yesterday's March options buyers more than Piper Jaffrey's ridiculous PT reduction based on a promotion of UGGS in the UK. Laughable.
Keep in mind the quarter ended December 31, making holiday sales numbers known. You think traders just randomly bought out of the money calls for March hoping to capture positive quarterly results and potentially higher 2013 sales by way of upside guidance? Think again.
Does Warren Buffett pay to other peole who buy options? No. Thse guys CAN be wrong with their bets. It is not important. We are invested because we will not be faked out. We know how this game works. Like nI said yesterday, if we poed to $60 I would not sell. If we go to $25(absurdly) after earnings, I will bet the farm. This company wiill change my life.