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Skechers USA Inc V.SKX


Primary Symbol: SKX

Skechers U.S.A., Inc. designs, develops, and markets a diverse range of footwear, apparel, and accessories. The Company offers footwear, apparel, and accessories for men, women, and kids. The Company operates through two segments: Wholesale and Direct-to-Consumer. Wholesale segment is comprised of sales to a network of partners including Skechers-branded stores operated by third-party franchisees and licensees, family shoe stores, specialty athletic and sporting goods retailers, department stores and big box club stores, and Distributors in select international markets. Direct-to-Consumer segment comprises sales by the Company directly to consumers through a combination of channels including company owned Skechers-branded stores, company owned e-commerce sites, and third-party marketplaces and digital platforms. Its lifestyle offering delivers comfort technologies such as Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam, among others.


NYSE:SKX - Post by User

Comment by commodity16on Dec 16, 2014 2:51pm
402 Views
Post# 23236713

RE:RE:most important thing

RE:RE:most important thingWell, for now ELW has 55 million in credit facility already at it's disposal, which is fairl significant for the size of this company. This should allow for plenty of cash for drilling. You can bet with the experience on the board these guys will be targeting the most profitable zones and plays. It aint  a couple of no names running the show here, we have an all star well know board member roster. If anybody is able to raise money in these markets they will be if required, simply on reputation.  For example Neil Rozell, ceo of Raging River, is running the highest netbacks in the industry. RRX just announced today even at current oil price levels they will be growing at 25% with a 1:1 debt ratio. He's working on growing up his 4th oil company, previous 3 all being bought out by cpg. This is the kind of experience we now have on the board team, not excluding the experience of the other board members and ceo. ELW is in good hands. This ain't the first time oil price has dropped off a map, only to recover even stronger. The oil price hasn't dropped naturally, it is a product of political BS for the most part. This can be shown by the severety and the super short time period it has taken to drop. The drop is articial in my opinion and I would bet it will be recovering a good portion back in 2015. It's time to sit back and let the experts who are running this company do their job instead of us speculating any further.
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