I stepped out for two hours to get my Apple computer fixed. I said to myself “Fly, you have time to sell DECK before they report earnings tonight. The stock will likely trade flat.”
Lo and behold, someone leaked information, sending the stock screaming lower. That’s it. I resign to the fiction of “fate” and will just sit here and wait for my execution. On principle, I refuse to sell DECK, as it tanks lower, into earnings. I could very easily accept and deal with a post apocalyptic DECK, after reporting abysmal earnings. But this is too much.
My favorite analyst, Sam Poser from Sterne Agee, says the DECK brand is shattered and pricing is collapsing. He insists “the brand is broken.” Who am I to bet against Mr. Poser?
I am the fucking Fly and shall do so, even though it’s crazy and likely to cause severe financial hardship.
20 Responses to Resigned to The Black Death, Smoke, Chards of Metal and Fire
I\m hoping that The Poser eats dick after DECK announces earnings.
Did you put your UGG’s on when you stepped out? I’d say your recent AAPL troubles are an omen for their upcoming earnings.
ring around the wreck
pockets full of deck
Long 500 shares of DECK into earnings seems like a gimme well see
Cuts forecast. We’re all fucked.
Since no one answered your question in the last thread, your gain would have been +0.33% on 55% of your portfolio, or +0.18% on 100% of your portfolio.
If I am wrong, it must be fate.
Amazon take a big loss. However, take it with a grain of salt.
Revenues continue to show +27% for the year. The loss was from paying too much for Living Social.
I can see this all being spun positive going into the holidays. Shit, I’m spinning it positive going into the holidays right now.
Saw the first Black Friday reference today.
That was the worst earnings report I’ve ever read. I’ve been destroyed!
Come on now. It’s only Money
AAPL lowers eps guildance by almost 25% from estimates
any other stock and they’d cut it in half
with aapl, it probably goes up 50 points
AAPL is going to have a big Xmas season. Just watch. I am personally buying 2 Apple TV’s and an IPhone 5 for presents. You can’t go wrong giving any Apple product for a gift.
Fate? Fate is merely a melody of fools, scripted by narcissists intoxicated with delusions of self grandeur.
Fly, who cares what any analyst thinks? Short them, short OI, do your own thing. At the end of the day, who cares? .This is all about taking a stand. Most don’t..
DECK – a one product company. Even Tom Brady couldn’t save them. Those shoes are so ugly.
This man bought DECK before the close.
Oh, and one other thing — I’m on the oppsite side of you re. VHC. Guess what — you’re winning and I’m losing. Means nothing to me, you have a great blog and fantastic track record. Like I said: Don’t take this to heart.
Keep it in perspective, Fly… remember, every day there are new business ventures to be pursued…
This market is a pinless hand grenade attached to a Tasmanian devil. I got Googled by their earnings leak debacle the other day. There is no stability anymore. You can’t trust any company in anything.
Bullshit. You can count on WFT to come up with new and improved ways to fuck up their tax accounting or some other way to vastly underperform.