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Skullcandy, Inc. Message Board

  • chaz16669 chaz16669 Nov 2, 2012 7:58 PM Flag

    Wish I had powder

    cuz I would back the truck up. The mood totally sucks around this stock and I believe in buying during such times. And it should be lousy based on the way the call was handled. I'm long...very long and not going anywhere as I believe in the Skull business model and growth story. I'm still on my soap box about the stock comp being so large, but I honestly believe they understand this market and industry and what it takes to survive. They understand trends and the importance of delivering a quality they should stick to this and say very little. There is nothing that says a company has to give guidance, so they should stop. Not to hide bad news, but because they have no clue and all the unknowns in the economy. Horrible choice by management and the shareholder mood and share price reflects it.

    Competition is tough...but that's also what the other players are saying and this will ultimately keep others from entering. Eventually players will without doubt drop out cuz there's no money to be made with their small market share; only the gorillas will survive. So Skull needs to continue to gain market share during these competitive times and they will survive as one of the gorillas. Five years from now the market place will consist of only a few players and skull will be one. In the end, I don't see the world wide headphone or gaming market demand decreasing.

    At the end of the day, they deliver a great product at a fair price with a variety of options....and they back it up with a warranty. Great business model.

    Most on this board are traders in and out....I respect that, but not my approach. I invested my retirement funds and will let it ride. Upside totally outweighs the downside from here. And lets not forget that every quarter has shown sales and eps growth....which is being overlooked on days like today.

    So looking into my crystal ball, the company and its share price will be fine; nothing suggests otherwise. Fundementals do rule...but takes time. A $1.15 2013 EPS and 15 PE results in a $18 share price.

    It's just money....

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