Actually something worth noting on this board that is not Cramer or crazy - excellent comments. Saw Uggs in our Seoul Post Exchange, so AAFES has picked them up for the first time; see a few pairs running around downdown for the weekend. Relooking Zappos, about 50% of the top 36 items are UGG-related with either boots, insoles, care products, or slippers. This cold front came at a great time combined with some snow across the midwest.
I continue to judge the covered call strike price just right and will sell the 95s or 96s for this week or the 98 two weeks out. Fair chance we do some serious movement in the coming weeks especially if management ups the sandbagged forecast.
Watch everyone as I type #$%$ all over this message board, and make ridiculous calls...105 next week, 99.50 the week after, 250 in a year, 125 by year end, ooopps, forgot my meds....time to wash'em down with some Jack so I can type more ridiculous comments and worthless youtube videos on the DECK message board. Blah blah blah collusion blah blah blah rigged game blah blah blah Cramer. This is what you look like Uggs...this, right here, a babbling ID10T.
Don't reply to UGGS8788...he does not listen, makes ridiculous calls, and is addicted to posting on this board with youtube links as he is a unemployed loser in his parents basement in some NY suburb. He has been calling this stock to jump to over 100 now for 4 solid weeks and actually well over a year.
Want solid advice - sell covered calls on this about $3-4 out of the money. Do the weeklies and even if it dips, sell the options for the 10-15 cents a week...still gives you .4%/month in income even at that lowly amount. Been doing this now for well over a year on DECK and it is insanely profitable. Had 97s last week for .35 expire worthless, 96s week before for .30, and this week the 99s for .50. Made another 3.00 in the prior 5 weeks leading into and through earnings.
I am actually a guy who sold 101s on Tuesday...but buy-write is my weekly strategy and I expect my shares to be taken. Even I could tell the last half hour of trading was BS...
Ok weather man...way to be a broken clock - glad to see this message board is still your drunken diary where you just keep talking to yourself. Also, if we sell below 80, then literally the stock has gained nothing over a year as it took off to the upper 70s/80s after last year's fall earnings. Again, the only money made on this stock is selling options.
The fact that this stock easily moves up & down $10 in only a few days is why the premium is ridiculous. The nov 70 put is selling at a similar premium, so I guess someone knows something on that side as well. Most of these will expire worthless and as a call seller it provides some solid gains.
He is basically an overgrown kid living in his parents' basement who now for over a year has been cheerleading about how this stock should be over 100...go back and look at his posts under questioncnbc...yes, same guy. He is a sick pup who knows how to repeat facts and try to make outlandish comparisons to other stocks and pundits that are literally like connecting point A to X. It is sad...but he makes me feel much better about myself. At least when I respond to myself on a board it is usually only once if at all and normally because I forgot to add a point...not because I am my own invisible friend.
It is hilarious that you think Martinez actually cares about YOU...he doesn't. He sold 40K shares at ~93 and then re-aquired them for $0/share. Reality is buybacks are horrible for investors...this is the classic SAM move of buyback and then reissue the shares as management options and thus the end state is a rich management and shareholders that have a fractional gain. The fact that this "great one," as you label him, guided down, which he did, and then could not figure out why it dropped. This tells me he is a part of collusion - he sees this as the opportunity to buyback more at a lower price and then reissue he and his posse more shares in options. It is a classic management move in today's market.
Will the stock rebound...yes, as long as the weather chills a bit. But even if it doesn't, the other brands are finally starting to gain a bit of coverage in DSW and major shoe carriers. It will likely hang around 80-88 until the end of November when we can see a better forecast. Asia is finally showing a chill in the air...
As I stated last week, sell the calls between 88-90. Rebound was expected to be ~10% off the lows as analysts would call it a buy in the low 80s as the temps changed. Looking to sell the 92 this next week as this will likely take out teeter between 87-90.
Just like we should have booked 105 this week? You talk so much #$%$ about Cramer - you are his little trainee and just as guilty of making ridiculous comments. Either make a true assessment of this stock or stop posting your nonsense. You have no credibility...JUST LIKE CRAMER...you clown.
He kind of forgets that 2012 was a complete disaster for this company and required it to actually react to the consumer changing preferences. But then again if he left his parents' basement for more than a few hours at a time he would have seen that Uggs were not selling fall 2011 into spring 2012 due to weather and fashion changes.
How do you make this stuff up? You don't even make sense...either take your meds or stop drinking - you are doing one or the other. You have zero reading comprehension and just make things up - you are literally worse than Cramer any day of the week. At least he makes sense when he talks basic economics. You are the epitome of a broken clock - you will be probably be right once or twice, but wrong 20+ times as you have already shown before that time.
When you say normal, it is already on the normal weekly pattern it has followed since the last ER. It has drifted lower on Mon/Tues for the past 4 weeks, rebounded towards then end of Tues, solidly moved north on Wed/Thur, and then fallen on Friday but enough to where we have had some solid weekly gains. It maximizes the options sold on Friday for the next week to be bought back cheap on Mon/Tues, then resold on Wed/Thur to expire worthless on Friday. I unfortunately bought at $98 pre-earnings only to watch a ridiculous downgrade and an ER that I should have seen coming with insider sales in the mid-90s. However, the covered calls since 29 Sep for me have yielded $3.60 and I sold the 97s today for .35, thus pulling me closer to the $4 mark. At 97, I would be fine losing the shares, but I see it moving in the 92-96 range next week overall.
Barring the mgmt giving a guidance increase, this will very likely just continue to move up $1-3 a week until it nears the 52 week high and will need to determine if it breaks resistance. However, I can see mgmt giving a guidance boost as they sandbagged the expectations in a very obvious manner.
Concur as we are lower than where we were last Dec. Now logic would have that if the weather chills, we should see a nice spike back towards 100. I will keep selling covered calls 8-10% out of the money on a weekly basis. Every dollar counts and likely I can get .10-.15 per 88-90 call.
Actually had a feeling this would happen this week...sold the 98 strike calls for 1.30. Anytime oil slows like this the market slows with it - irrational, yes depending on the sector, but always presents a buying opportunity.
Tough break for who? Me thinks...what are you? A pixar film character? If you mean I was happy this ended under 88 and I kept my shares then good call. Going to sell the 90-92 cvd calls for this week as the rebound will likely resettle in the 85-89 range for the week.
It would not matter if we voted. He literally would just keep talking to himself. His profile is the type to not exit even if we voted him off the island - mid 20s, at home with mom and dad, no significant other, unemployed, and thinks he is the smartest person around even though he lacks the pedigree, ie a college degree, to make it in today's world. Lack of a college degree does not make him stupid, but it does make him unqualified for success. So he posts on his sanctuary, the DECK board, where he literally repeats the same thing over and over and over again and can talk to himself for days on end while watching stupid youtube videos of the idolized pundits he later calls idiots.
And even though I tell him now not to reply to me as I won't read it, he will still reply as in his mind, this is "his" board.
I have had him on ignore for well over a year in one of his previous two handles (indian8788 and questioncnbc). He is an idiot kid living in the NY/NJ area who thinks he is special having read a few investment books. Guessing he lives at home w/mom and dad and thinks he is a great stock investor but lacks the pedigree to ever become one in the market.
However, I still pop open a post or two of his to remind me of my sanity and make me feel better - at least when I talk to myself it is not in a public forum ;-)