Oct. 3 at 3:50 PM
$DECK Best case scenario is the price follows previous patterns and rises to
$120 range by earnings. Instead of the price crashing after earnings, the company exceeds estimates again, provides positive forward guidance with confidence and certainty, and says they will double down on buybacks because the stock is so undervalued. Then we see a 10-20% bump right after earnings to the
$130-
$140 range. The following weeks we see a combo of institutional buying, short covering, buybacks, and analyst upgrades. Shorts decide footwear and the tariff short play no longer makes sense and leaves
$DECK alone.
That’s the best case scenario and my hope. Hope is a strong motivator.