You do realize it's June right? And we've been hearing this for at least 10 years now. As long as they open channels to get product out to new markets and continue to bring new products to the consumer they should continue to grow. They should be fine long term.
As I stated before earnings, this is a slow and steady stock with the usual seasonal fluctuations. If you are patient and take long positions you will make money. Anyone who bought on the dip last week is already up over 15%. Patience will be rewarded, as usual.
You seem to be a very fickle investor. Let me throw this out to you, HOLD your position, be patient, and you will see this stock run back up and make a profit. It will also be a long term profit which will be better for you tax wise. After that if you don't like the stock, don't buy back in. I've been trading Deck, only in long positions for about 10 years now and have ridden out every time I was down for a healthy profit. The shorts have been trying to induce panic for that whole time. They were grossing less than 800 million then and next year will break 2 billion in sales. This stock rides out the seasonal ups and downs, but still makes money and is actually cheap at this price. If it were me I would buy more at this price to lower my cost and be able to exit earlier, the choice is yours. In any case, don't blame someone else for decisions that ultimately YOU have made. GL.
If you read the whole article, they are guiding up YOY, and are doing better than last year, again.
That is just my opinion, it's not gospel.....do what you want, and that includes buying a crystal ball if that's how you pick your stocks. Do your own DD and then come back with something constructive to say, either way.
Not at this time, they have solid sales, and a growing base of new products and an expanding footprint worldwide. Even with the stronger dollar this year they have loyal customers, and they have the money to spend on Deck.
I think we'll see Deck meet or exceed slightly. Steady upward movement from now through the end of the year. I think it should be in the $85 to $90 range by January / February of next year. The only surprise we could get at this time would be an announcement of a dividend, just a thought. Longs should be fine here.
I think that any price under $12 is a good buy here. Oil will not remain this low for to long, and anyone looking to take a long position should be in good shape.
I'm not buying into that you were within .10 and if that were the case you certainly could have had a stop loss, trailing stop, or just sold many other times at a profit. I've been trading this stock for about 10 years and you get plenty of opportunity to make trades. You can be anywhere today and have the ability to check in and place orders, in any case good luck in the future.
Since 1/4/11 you had several opportunities to sell well over $100 and make a healthy profit. If you sold in September of 2011 at $116 you would have made about 45% in 9 months. Who's fault is that? Maybe you should take a better look at how and why you invest in a stock to begin with.
If you actually did buy it years ago at $81 and didn't sell when it hit much higher you have only yourself to blame. Why did you buy it in the first place, and why would you ride it so low to the point that you are down that much? It basically comes down to either greed or stupidity and I'll let you decide, but trying to blame management for "your" bad decision is well, just lame.
Hey Doc, I'm still here with another long position looking for a good payday down the road, again. I'll send ya a T-shirt!!
This is typical of how they run, I'm just hoping that they are buying back a ton of shares at this level. I'm also glad they announced that they have another 200 million for this purpose. They'll be touted as a buy at this level, and the buyout rumors will circulate again. Play the swings patiently and you'll make a lot with this stock.
If it does it will be a good time for them to use the buy back money to grab up more shares.
I think this is an overreaction as usual, and just bought 500 shares at just under $70 to hold onto. Deck isn't going anywhere but higher as a company long term.
I wouldn't say that.02 is a big miss, as usual they're going to punish any negative aspect of the report. I actually think this creates a great buying opportunity. The fact that they bought back 157K shares, still have 66 million left and approved another 200 million for future share buyback is a good thing. We all knew the strong dollar would hurt a little but as a long term investor we've seen this a half dozen times.
I'm looking for a beat of about .32 stronger revenue and who knows what the manipulative spin will be on the call. Slow and steady wins the race.
This isn't exactly new news. McDonalds is changing their CEO and their stock popped. I don't see this as being a major factor in a move either way for Deck. I think they will beat, and as long as the stronger dollar doesn't hurt overseas sales they should be in good shape. You always have the people looking to short on any report, but long term I think we steadily move back towards 100.
I only pointed out that the "old high" as you put it was not correct being how vague your statement actually was. Now you can go and remove that wedgie and calm down.