Don't disrespect your wealth from Apple with a bad investment. This is not the time to short SKX. Q3 will dwarf q2 results. Two reasons. (1)- Q3 is easily the best quarter for retailers. (2) SKX is very much driven by import and export. The slowdown at West Coast docks in Q1 continued to be a negative influence during Q2. That's behind us now. During the most important quarter of the year Skechers will be hitting on all cylinders. This week's analyst revision to $1.65 eps for q3 is conservative. $2 is not out of the question. Your point is made, SKX can never duplicate the success of AAPL, but there is nothing about the current quarter that would lend credence to that argument.
I too am pleased with earnings. Let the momentum players do their thing and hold the price down for a while, then investors will take us to new highs. Mobile numbers very, very good.
Since you began your negative posts last March, SKX has gained more than 80%. You are doing a great job. Please don't get discouraged. We appreciate you!
Skechers is very much an international company. Your comments seem slanted toward domestic observations. The port slowdown which hurt revenues last qtr. ended in late February. The company guided to a strong q2 and even stronger q3. I see no reason to doubt them. The backlog in the ports still exists but is getting better. Skechers has had a big run and the bar is set high but I think they are up clearing the bar. Guidance will once again be key. Pay attention this time.
The airline industry has lost it's "wall-street darling" status over the past couple of quarters. HA was a short ratio of 4.2 which is higher than JBLU's 3.4 and AAL 1.9, UAL 1.4, DAL 1.6. Maybe we are just shouldering the brunt of the short attack on airlines. We may have a nice run once the shorts take their profits and move on.
That is the question! My guess is yes, though I don't expect double digits. A lot of traders are cautious after the twitter sell off, but then twtr and fb are very different entities. Until twitter hires a CEO and discovers a way to appeal to a larger spectrum of the population they are doing well to tread water. I think the cautiousness will be less obvious this afternoon.
New Jersey would be putting their economy in jeopardy. There will be restrictions, especially in the U.S.. No ban.
HA has been lagging it's peers recently. Analysts backing off estimates for the quarter. I don't know why. Fuel costs will lift earnings of all airlines and HA doesn't seem to have any obvious problems. It could be short selling. It could be a head-fake and stock price will take off with earnings, or we may find out there is a reason for the weakness. We should know better next week. I'm not selling anything.
It baffles me why you would report on what Cramer says when you disrespect him. I don't read him or watch him. It's a waste of time.
It doesn't matter to me what Icahn is doing or Buffett or any other investor. Why would any of us try to mimic these guys? I do just fine. As for the sell off. Sure it's coming. The problem is no one knows when. The key is to recognize it when it arrives and to take appropriate action based on your own investment situation.
you are just a little off in your timing. AMBA could be a great short in about 5 years.