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Deckers Outdoor Corp. Message Board

  • questioncnbc questioncnbc Oct 26, 2013 2:29 PM Flag

    Grasso, just because you sold

    doesn;t mean you can;t get back in. This company is far from going out of is growing with record revenues projected this year and with more international growth due to stores and products, along with UGG believe this valuation is anywhere close to the top is hard to believe when this stock is still more than 35% off its old high and a 30% short position that is in major trouble.

    Still very early in the game. Starbucks was at $7 in the crisis, selling off from 33/share. It is now at $80 all within 5 years. Why? Because it is a growing business and the short term fairs from the crisis are gone.

    The short thesis here is gone. This UGG brand is still the #1 selling boot in winter and they are coming out more product. These are once in a lifetime oppurtunities.

    Think twice. Still early.


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