(CLICK ON IMAGE FOR GIF–Hat Tip to Deadspin.com for the GIF)
As much as we hate to see Tom Brady upset, the Deckers’ “Man Uggs” spokesman should have read this post on DECK that I wrote last April and respected the Three Peaks and the Domed House.
Currently, Deckers has seen a heavy bout of selling volume. However, momentum cuts both ways, and just as the stock was a huge winner from 2009-2011, the other side of the mountain can be much steeper than seems possible. Best to let it naturally bottom, rather than trying to force the issue with a clear laggard.
