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Skullcandy, Inc. Message Board

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  • chaz16669 chaz16669 Jan 25, 2013 9:20 AM Flag

    Downgraded by Piper Jaffray to Neutral from Overweight PT $7

    I would estimate BV at about $5.20 per share as of today with projected EPS greater than $1. With price targets of 6 and 7, the analysts are basically saying this EPS estimate is not possible and Skul will never make money and fail. I guess this is a possibility, but that's a strong position to take today. I guess they're predicting this trend.

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