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Skullcandy, Inc. (SKUL) Message Board

chaz16669 2 posts  |  Last Activity: Mar 18, 2014 11:32 AM Member since: Aug 24, 2012
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    It will drift below 9 by end of month.

    by michaelsistowicz Mar 17, 2014 7:08 PM
    chaz16669 chaz16669 Mar 18, 2014 11:32 AM Flag

    I am less than pleased with Alden's sale. I would like to think he wants the cash for some new business venture rather than selling on a signal of weakness. But based on history, any reason is certainly possible.

    Isn't a positive sign for the stock price to basically hold steady while these 1.5 mil shares were dumped to the open market? That's a lot of shares to be sold in a short period.

  • chaz16669 chaz16669 Feb 23, 2014 6:12 PM Flag

    With your continued and exhausting coverage of this stock, I'm thinking all the other analysts and retailers will discontinue their own research and just follow your guidance......no need to double up on what you've done. Look forward to hearing you on the Q&A portion of the earnings call.

    My lessons learned with this stock. Big money was right on when this stock was heavily shorted. They knew the pipeline was flooded and sales were gonna take a hit. Too much available info (NPV) out there and I bet against it.....my bad. Lowest short percentage ever for this company now. I'm not suggesting the stock price is moving higher, but I also don't see it dropping from here. Too much sales data available these days and if big money had the slightest idea skul was losing sales like in the past, they would be shorting and making easy money again. Look at Zagg...they have been killed and still a heavy short % on this stock. A different story for Skul.

    Any sign of increased sales and this stock is moving up. Not saying that's what happening, but when there are only 27 mil outstanding shares, it doesn't take a large increase in sales or net income to start moving the EPS up quickly.

SKUL
6.76-0.28(-3.98%)Jul 31 3:59 PMEDT

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