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Deckers Outdoor Corp. Message Board

verypure1 2 posts  |  Last Activity: Jul 24, 2014 7:02 PM Member since: May 13, 2004
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  • verypure1 verypure1 Jun 12, 2014 10:10 AM Flag

    Sir: As I type, DECK has traded just 24,000 shares after more than 35 minutes of trading today. The price movement is therefore completely meaningless for any purposes whatsoever. Anyone who makes decisions about buying or selling a stock with so little volume -- no trades by large holders at all -- is making a very big mistake. What a few small investors do has no relevance, except possibly to provide support for the old adage that the small investor is always wrong.

  • Reply to

    cha ching!

    by uggs8788 Jul 24, 2014 5:22 PM
    verypure1 verypure1 Jul 24, 2014 7:02 PM Flag

    Indian: I'm really happy that your many positive messages have been vindicated. I'm sure you listened to the conference call today, and heard what I heard: that this company is firing on all cylinders. But it is not a "cash machine," as you say -- a concept that suggests something fairly mindless, like a cement mixer. No, it is a brilliantly-run and aggressively innovative company, thanks to Angel Martinez and those he has hired. It has been a long time since I've heard such a positive conference call. You are surely right that this stock is destined for major gains in the coming months. The only possible glitch would be a general market meltdown.

    Congratulations to all long holders! Tomorrow there is likely to be some serious short covering, and the stock will enjoy a huge leap forward.

DECK
93.91-0.01(-0.01%)4:01 PMEDT

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