I started a big position in DECK.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,441 Blog Posts
Fuck the shorts
WINTER IS COMING
the classic “furry boot” chart pattern
KORS seems to be the retail play now?
Sir Fly:
There once was a time, not long ago (6 months?), when, upon crossing the street, if someone were to shout out “Hey, Coal Dick!”, one would avert one’s eyes downward, and slink off into a wind-powered alley. Not anymore. Now one simply grabs his trousered crotch, ala Michael circa 1984, and replies “Mine This!”. I’m pleased to hear that, with a tool like that, you are now going to build a big DECK. A hat tip to you, good sir.
guys check the 3rd comment of FLY`s post “THE SHOW MUST GO ON”
while some idiots section downgrade FLYs blog posts wiht their complacent commentary, fine gentleman BANK COIN AND DISCUSS STOCK IDEAS
MTG FUCKERS
http://www.washingtontimes.com/blog/inside-politics/2012/oct/17/reporters-applaud-obamas-slam-romneys-wealth/
perfect example….nobody will bank coin from that
I like DECK here also. My LF is starting to move the right way also. I was giving up hope after two 100 point days and nothing. but I’m up 5K on it today. it should move up into Xmas.
Go by the chart not the fundies…. Here is what Zacks says…
Deckers posted second-quarter 2012 loss of $0.53 per
share that fared better than the Zacks Consensus
Estimate of loss of $0.59 but widened from a loss of
$0.19 delivered in the year-ago quarter due to
sluggishness in the European market. International sales
during the quarter dropped 14.7%. UGG brand net sales
fell marginally by 0.3%, whereas Teva brand net sales
tumbled 15.4%. Despite a 14% growth expected in the
top line, management projects fiscal 2012 earnings to
decline between 9% and 10%, and anticipates 1%
growth in total revenue and a 31% decline in earnings
per share for the third quarter. Deckers also forecasts a
gross profit margin contraction of 250 basis points due to
increase in costs of goods sold and higher closeout
sales level for fiscal 2012. Further, over reliance on the
UGG brand, intense competition and sluggish economic
recovery still remain matters of concern. Consequently,
we downgraded our recommendation on Deckers to
Underperform.
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