I don't think I'm "delusional." I didn't see that downgrade until several hours after the market opened. So I stand corrected. Even so, I think this week might be an overreaction to the downturn in department store sales. I'd like to hear Sam Poser's (Sterne and Agee) opinion.
For those who might wonder why DECK is down so much this morning: It's all a crazy error. Someone for unknown reasons sold 100 shares down 2.71 at the market open. This resulted in a cascade of stop sell orders and other panic behavior keeping the price down and even sending it lower at one point. Now we have all this volume and a big decline because of nothing but a huge mistake. Amazing.