Skechers USA Inc V.SKX

Primary Symbol: SKX

Consumer Cyclical Footwear & Accessories

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

Skechers USA Inc > bubble?

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Comment by Slyincalgaryon Aug 01, 2014 7:06am

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Post# 22801397

RE:RE:RE:RE:RE:RE:RE:RE:bubble?

Actually, if you read down a little, the stock is supposed to start trading on an ex-rights basis at the opening bell on August 12th so you need to buy the shares by the end of the trading day on August 11th or earlier. Depending on your trading account, they should show up in your account on the 15th and will trade with a new symbol, most likely ELW.RT. They will be available to trade until September 30th, or you can exercise them 4 for 1 plus $0.10 for a share of ELW.

Glta, we might need it. Both Oil and Gas commodity prices are down big right now......could be another day of carnage for some stocks haha!

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