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Deckers Outdoor Corp. Message Board

therealguzz 1 post  |  Last Activity: Jan 31, 2015 2:21 AM Member since: Sep 14, 2011
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  • therealguzz by therealguzz Jan 31, 2015 2:21 AM Flag

    I remember first learning about the stock DECK and it was $136 about 7 years ago, so about 18 months ago when I saw it drop from 50s to 40s to 30s the final blow was when the analyst from Stern Agee reported that he saw an UGG boot on a deal a day site, it dropped to mid 20s, the analyst never said what style or what site but he bashed deck and also threw in that the price of fur would hurt profits. I bought and sold in $30 range only to read that the same analyst who bashed it now upgraded DECK. Not a year later, not 6 months, it was probably 6- 8 weeks later! I couldn't believe it, how an analyst could manipulate a stock in such a short time. I watched how the stock eventually rose to $99 only to drop so quickly into the mid $60s today. A few more downgrades and who knows ? I will say this , I wear the men's product and I love it. Also during holiday they were the only retailer with lines outside and inside the store . Good luck to longs and be careful

DECK
71.25-0.12(-0.17%)Apr 17 4:01 PMEDT