1. I am married, so I admit to being wrong all the time ;-)
2. What is interesting is that neither one of you seems to have posted a comment here prior to earnings, so ad hominen attacks are your way to compensate for other issues in life - as I see both have ridiculed a number of posters.
3. Analysts are a joke, as I proved I am just as good as one ;-)
I have shares from the 60s, so I was definitely hoping this would fall back. I have no issues with it going higher - great company. If I had to create a 3-stock portfolio, UA, SBUX, and V would be included as all three will just keep producing.
Last Q, Deck had about 70% of the Zappos women's market overall...boots, accessories, slippers, and about 2-3 of the top 15 mens (slippers/loafers). With that said, the company's execution was simply terrible - they mis-forecast the basics and could not keep stock on hand to meet demand, thus the horrid sales.
Personally I am going to play a strangle on this - chances are it will either pop 15-20% back up or just further implode into the low 60s to 50s. I feel most of the management should be relieved as they simply do share buy backs and then reissue themselves options, similar to the Boston Beer game that is finally culminating after a run from 70 to over 300 in less than 4 years. Shareholders get the shaft.