Randall Konik of Jefferies has to be the dumbest #$%$ the World. First he pounds the table defending DECK when it mysteriously was going down last month. Then he downgrades the stock and lowers PT 25% to $75. What an ignorant #$%$. Should be let go
the guy from motley who cited this jeffries analyst is an even bigger moron. he says 17 p/e is steep...and the company is in deep debt. did this guy even go over the numbers? the company actually reduced debt by two third in 2013. cash flow rose more than double. wow. these idiots are allowed to post silly stuff on the websites.
Reading Motley seemed that way to me also but he was right about the stock before ER. I think now he is say while a PE is not steep for a growing stock but this stock is growing slower so PE of 17 is not cheap. They opened 40 stores in 2013 and now target 25 this year with increasing costs.
You were wrong before ER and make no compelling reason now. This stock may drift up or down but mostly dead money. May be a good short if it spikes up near $80 now. The company F kked us by bad guidance. That shows they now can never be trusted. Bad is bad and good is bad.
He was the one who was antagonistic on the call. It was if he wanted the company to just agree with him publicly so that he could get some sort of ego boost. I kind of figured whatever he did today was not going to be positive. He didn't want answers from management yesterday in my opinion; he wanted a soapbox.