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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

Post by commodity16on Nov 06, 2014 9:23pm
294 Views
Post# 23104851

fear and dumb comments are ruling this board

fear and dumb comments are ruling this board

..clear indications of the perfect time to buy. No doubt we are way oversold at these levels, recent financing completed at $.375. Time to let the board and ceo do their job and start growing organically, and through lucerative acquisitions. No doubt this stock is volatile in a dropping oil price environment, but even the large caps have fell off  a cliff, so definately understandable on why a company which is just only now starting to produce any kind of significant amount of production.is getting hammered. Opec will have the oil price climbing back upwards soon enough, and this stock can easily run back up just as fast as it dropped on the right news. We should be able to grow organically now with a field to start punching holes in the ground as well, something the board members know a little something about doing, and doing well. Average down at these levels and wait for management to do their job. This stock should make us multiples of todays levels, just give it time. Selling when fear is at its peak is the classic mistake. This is a sector wide drop, which historically has proven to be a buying opportunity every time.

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