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Deckers Outdoor Corp. Message Board

  • johndoolittle46 johndoolittle46 May 3, 2013 10:23 PM Flag

    Fun fact about starbucks

    Starbucks hit a 5 year low of 7.83 on november 17, 2008. It is now roughly 1620 days later(I JUST LOVE DAYS!) and the stock is now sitting at an all time high close! All it took was 1620 days give or ake a handful to go from the 5 year lows to new all-time high's.

    People, I am not stupid. You are not stupid. There is no real difference between this company from two years ago to today despite the "slower" growth. The product WAS/IS the most popular product this past christmas season. Company produces 250M+ cash/year.

    Starbucks recovered from the rough years it had in 07-08 and earnings/growth came back as the roduct is a must have for 80M people on a weekly basis. Deckers has been a must have product for 8+ years now despite the CLOWNS who call it a FAD and think because they say so it makes it so(Sam Poser).

    So now we are roughly 200 days off the 5 year low of 28.85 set this past october. It took Starbucks 1620 days to set the new all time high it is at today but to reach the old time high it had set before it "corrected" in 2007-2008, well, that took JUST 840 days from the low set. So we already 22% through the pattern(if there is one).

    But the two companies are not that different. They sell a product that is a must-have for their consumer and the same number of sales if not more is produced every year and both companies PRINT CASH!

    It is what it is, but now it is just time. One would think just 640 days till 118 is back in our sites and 1420 days till 236/share ;)

    Have a great weekend. Till my next thought

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