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

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Post by 4ME2URUSTUCKon Dec 15, 2014 3:49pm

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Post# 23232477

SELLING PRESSURE.

AS THE PRICE OF OIL HAS NOT BOTTOMED YET, BUT SHOULD SOON, THERE ARE A LOT OF INVESTORS WAY UNDER WATER, INCLUDING MYSELF -.95%, I ENQUIRED AT MY BMO INSTITUTION ABOUT TAX LOSS SELLING FOR MY TSFA,RRSP, AND LIF ACCTS, I WAS ADVISED THAT I DO NOT QUALIFY FOR THIS IN MY ACCTS, SO I HAVE TO EITHER GO LONG, OR SELL SHORT ON ALL ACOUNTS, THATS HALF MY INVESTMENT, SO IM STUCK WITH THESE STOCKS TILL THEY MAKE A MOVE, MAYBE IN A FEW YEARS. WHO NOWS. SO IM IN FOR A VERY BUMPY RIDE, CHEERS. AND GOOD LUCK BOYS.

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