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Zumiez, Inc. Message Board

  • joltingjosephine joltingjosephine Dec 22, 2010 9:59 AM Flag

    Heading for 25 or lower by 2011?

    Looks like whoever shorted this thing at earnings will do well, this stock is losing traction rapidly.

    Sorry to the folks who bought on the supposed "good news". Remember, the market tends to look ahead, and it is unlikely that this little niche teen retailer can keep growing as it has. Even I thought it would go to 32 or so, then I was looking to buy puts. Probably a straight short is better now, they could still have one last bounce if a good Christmas season, but the stock could be in low 20 dollar range, maybe even teens, no pun intended, by mid-2011.

22.50+0.20(+0.90%)Oct 21 4:00 PMEDT