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Skullcandy, Inc. Message Board

  • dariodbest dariodbest Apr 8, 2013 3:50 PM Flag

    if close at $5.44 or more will break the march 27 resistance.

    if that happend.short are fried

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    • I'm guessing 5.44 is a huge line of resistance after seeing it touch 5.44 then closing at 5.22 cause it could not break it.

      • 1 Reply to redzombie04
      • most short players have left SKUL for browner pastures. playing short requires looking for over bought stocks and SKUL is clearly over sold. P/E at 5.83 and EPS at 31.67% growth annualized. No, to short SKUL has past. with PPS dropping today we saw longs throwing in the towel on relatively light trading. you know, there is way too much weight given to short players. chalk that up to paranoia or simply not understanding. remember, institutions still hold 42.6% of shares and analysts are generally listing SKUL as a hold. i bought in yesterday as a number of indicators (IMO) indicate to me that SKUL is poised. been wrong before but i am expecting a potential 3x capital gain.

        Sentiment: Strong Buy