Are you saying this is a lie? Management hasn't executed in a long time. I live in Pleasant Prairie, Wi where there is an UGG's outlet store. I stopped in the store a few weeks back to see if there were any sandals for sale. There were 3 clerks in the stores - doing nothing - no customers and only UGGS for sale none of Deckers other brands? What a waste of retail space and personnel. These are only rock bottom prices if the stock goes up and so far it hasn't in a long long time. GLTL
How that buyback of shares doing guys? I believe the last I heard you bought a bunch in the high 50's. Can't wait to hear what you bought this quarter - maybe you can give us the average price per share. I really hope you aren't giving raises for performance. GLTL
How many times have they increased the amount of their buy backs? It hasn't helped yet so why believe it will now. In fact I believe they have bought stock back at a lot higher price then the stock price is now so it hurts shareholders. IMO - they should declared a dividend and screw the shorts.
I agree Angel's management team should be held accountable for their poor performance. Instead they will get raises, bonuses and more options. They run the Company and they do buybacks and the stock drops - don't say they know what they are doing bcaus this has been going on for years.
Yes they beat last quarter and are still fading. Management should be able to do better then they are doing which is driving the stock price down. Are you saying if management issued a dividend instead of buying back shares that there wouldn't be less shorts? Yes I do believe management should be able to forecast exchange rates and hedge cost of goods (i.e. sheepskins, etc.) what do you think they are paid for? There is a lot more management should have done over the last few years not the last quarter. I posted before I thought the stock price was near bottom and I do believe the share price will rise but I also believe Management should be held accountable for the current performance instead of getting raises, bonus and options. Maybe you are part of the management team and don't understand your position.
I can't agree with you more. I think management thinks they are doing a great job. I don't see them turning down raises, bonuses or option while shareholders get screwed. These guys suck.
In 2011 the stock price was $80 where is it now? Why are the shorts in control because management buys back stock instead of paying a dividend. How is the buy back working I believe the avg cost on the CC was 67+ maybe 69 where is the stock price now - that buyback is really helping. I expect results not excuses - who is profiting Management - I believe they continue to get raises, bonuses and options while under performing. Next excuse will be warm weather, valuation of dollar, etc. You should open your eyes and look at how management has performed over the years not 1 qtr. GLTL
Who is management holding accountable for continued mismanagement. Stock price continues to fall - what is being done - probably issuing more raises, bonuses and options for sub-par performance.
I agree - IMO - Management should be held accountable but instead they keep increasing their salaries and options while they do an inept job. They can't even make money buying back shares and they should know how the company is doing. They are a joke.
How's the buy back working guys. You could pay a dividend and reward shareholders instead of wasting money. I believe your avg price is 70+ and your down at least $10 per share over 10%+
I voted NO on most of the items being proposed by management in proxy material. Especially compensation issues - I don't think management deserves anything for the way the Company is being run. They continue to buy stock back instead of paying a dividend. How's that working? Stock price is lower now then it was years ago. IMO -Don't reward them for a bad job.
Again management buys another 1M shares at around $73+ a share - where is the stock price at? I really don't get why they can't reward the stock holders with a dividend - this would also get rid of some of the shorts. How many more options did management get for this quarter. IMO - the quarter was decent and I thought the stock would rise but we already know how well I'm doing here. GLTL
I had a sell order in and it got within .10 cents and I was not around when the floor dropped out but you can call it greed. When a stock price doesn't provide shareholders with any value who is to blame - the shareholders or management. Should management be rewarding themselves for poor performance? Do they turn down raises or do they give themselves more options? Do you think that management is performing well? I'll let the stock price speak for itself. I've got around 10 stocks that I've owned for years and most are performing well 2 are under performing this one and one coal stock. I expect this one to start doing better but I still can't say management is earning their salaries.
I went back and checked my records seeing there are 2 dislikes to my post. I bought 1K shares 1/4/11 at $80.23 the stock price today is $71+ so a loss of 10+% and management is rewarding themselves with bonuses, raises and options for creating stock owners value. These are facts whats to dislike the truth. I still remember Angel on Fast Money saying how good they were doing and then at earning the stock tanked big time. Worst management rewarding themselves and not share holders.
How's that buyback working? I bought this POS years ago at $81 and I'm down over 10%+. Are you rewarding yourselves with bonuses and options for the great job you are doing?
I bought this stock years ago at 81 and you can see where it is at right now. I believe management is milking it for all it is worth. They should issue a dividend instead of buyback shares but they won't and management keeps getting options for lousy performance. I think one of these quarters they will give good guidance but I don't know when. I do believe it is priced fairly so you shouldn't get hurt to bad. GLTL
I wonder if anyone is being held accountable for missing their numbers? I bet everyone got bonuses and more options for doing a terrible job. Did Cramer put Angel on the wall of shame? He definitely should have. I expect the stock price to drop down into the 50's until they can report decent numbers. What a POS.