Towards the end of the clip he mentioned he was long Deckers...not sure if he was referring to being long at some point in the year from 53. He did say he sold before earnings in the high 50;s a month ago....we are now 40% higher from that point in JUST 30 days.
I did state at 68 or so after we popped...it was not too late. Right now in the short term...not so sure on the upside...do see 85 being hit before earings, but I do believe we are somewhat fairly valued /slightly ahead of ourselves per wall streets EFFICIENTLY pricing.
But for double digit profit margins in the future and international growth...I do not believe we are even close to fully valued. But that is I, the investor, going out on a limb that we continue to grow and management is accurate about double digit profit margins.
I mean....the world COULD end between now and then.
But other than that, UGGS clearly still popular for a 9th straight year with RECORD revenues projected...I sleep okay.