"facing steep losses", "troubled company" are you sure you're talking about the right company? ok they may post some losses for the first quarter but to say STEEP is a bit of an overkill... and for the past few years they have increased revenue and Net Income by substantial percentages. Where is the long Term Debt, o yeah, there is none. Sure the stock price is suffering due to increased competition...but I still see skullcandy increasing the markets they are in geographically as well as industry (Gaming is huge..). Buying Opportunity right now in my opinion.