To all of you who so easily gave up their shares of DECK at these outrageously low prices, I will
provide you with hankies to wipe the tears from your eyes when you see this stock rise to $100 in the next week.
I'm stocking up on hankies. There are going to be a lot of people needing them after the ER. They appear to be selling their shares now at ridiculously cheap prices. Oh well, you've been advised. Earning will rock. Ask Sam Posner at Sterne Agee. He's never wrong on DECK.
I will just take one for the $2465 I am down in 2 days. TIMBER!!!
Hopefully this is just a blip and the stock does go to $100 in the next week. Fingers and toes crossed. The market really does not believe this story. Hopefully we see over $90 next week and $100 after but the stock has some proving to do!
We might shoot up to $100-$110 and stay stuck in a range for the next 9 months and then take off to $150-$175 for full year 2014 earnings. Or money managers can take this up now to about $175 over the next 15 months to price in the double digit profit margin effect.
One can't know. But between now and and next April we should see $130/share.