I mean you guys really think a downward move based on nothing is going to scare people to sell their shares? Only reason is to try and kill people who use margin but over 26M shares of this company are held by long term holders.
Goldman sachs 10.5%(3.5M shares)
Insiders holding a tremendous amount for insiders and have not sold a single share in 18 months!!!
"downward move based on nothing"? for countless years, DECK had a PEG ratio well under 1. the PEG ratio now is 1.76 while the stock was halved in the past 1.5 years. is that nothing? did the 6.6% rev increase at same store sales impress you? a couple of years ago, DECK was on top of the world with revenue increases typical over 25%. it seems like this is all changing.
You can huff and you can puff, your numbers mean nothing. PEG means nothing. P/E means nothing.
All that matter is Cold, Hard, CASH.
This company was projected by losers to be a FAD. Really? Growing revenues at a healthy 7% rate is a fad with new UGG pure on its way to mee the broader market? Get real. Just because you post and use the word PEG and compare it to 5 years ago doesn;t mean you have any clue as to what you are doing or even saying.
Bunch of mumbo jump.
1 year ago there was 38M+ shares outstanding, company projected to be a fad.
1 year later, company has 34.5M shares outstanding, company growing revenues by 7% and being conservaitve wih 60M cash in the bank.