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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 retiredcfon Mar 13, 2015 7:49am
195 Views
Post# 23517190

RE:RE:RE:RE:RE:RE:Bruce Campbell

RE:RE:RE:RE:RE:RE:Bruce CampbellScouter14 - Fair enough. You've got lots of time and energy so I have no doubt that you will take over from us 'old guys'. And no I'm not happy with the SP of SKX but when you invest in penny energy stocks on that wasteland of an exchange known as the VSX, these things happen. Start with a small position and ensure you place them in accounts where you can claim the capital loss (ie. not in a TFSA). Another piece of advice is never average down, always average up. Ride the winners until they drop and quickly identify and cut short the losers. I'm hanging onto SKX (which I purchased pretty cheaply anyway) to see if it can recover but if not, I will use it as a capital loss later in the year. Good luck with your investing.

As for ShortCritter (who obviously rated his own post) you are what we used to refer to in the military as a "waste of rations".  Two weeks on SH and already has 25 ignores. Now it's 26. GLTA 
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