I don’t believe they are manipulating the stock for shorts. They must know something. The stock is coming down from 12 and I don’t know where it will end.
I also don’t like when insider selling their shares when the stock doesn’t have support. I don’t care they have 2,000 shares or 2,000,000 shares. They should buy back stocks and prevent from falling down.
There is no more sale on their website and also I don't see big price drop in Amazon too. I found the report (below) from DA Davidson. I hope they are accurate about Black Friday sale.
'After the firm analyzed headphone promotions during Black Friday weekend, DA Davidson is convinced that Skullcandy continues to be a top headphone brand, and consumer interest in the category continues to be strong. The firm keeps its Buy rating and a $19 price target on the stock'.