Every other company I look at, insiders dumping every cance they can get.
Lululeon...this whole ride up they have been dumping. Christine Day, the CEO who is leaving, has been selling every chance she could over the last 36 months. The stock kept going higher and she made 25M from it. She had no shares at the end of 2012. That is how much she believed the company could grow.
Under Armour- CEO has virtually sold all his shares over the last 30 months in the company. CFO sells every chance he can get. I don't blame them as the stock is up 300% over the last 36 months. But the point is they are not INVESTED.
It says a lot that ALL these guys have not sold anything in the last 20+ months.
Just saying besides the other points that this company has a very popular brand that they are innovationg and feeding off of. It is internationally recognized. It is taking steps to mitigate the things that caused reduction in net income with UGG PURE. It is forecasting the possibility/goal of double digit profit margins a few years out. They are opening 130 stores over the next 29 months.