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I felt it was only somewhat positive Steve, It sounded a bit more neutral if anything, true to Barron's style. If they really like a stock, they tout the hell out of it, if they don't like a stock, they hammer it. If they are in the middle, they report that way. The story was lacking a bit I feel. The reporter (Scott Reeves) wasn't as informed as he should have been. I don't know when he wrote it, but he said the stock price was around $12. Not exactly accurate! There was also mention that S&P has Oakley as a stock to avoid. Of course, S&P says that about most stocks, so I take it with a grain of salt. Monday will show us how the market perceives the article, because Barron's ALWAYS has an impact on a stock it covers. Most likely, it will be received as positive. The most important thing for Oakley will be 2nd Quarter earnings. If they don't pull off the earnings that are expected, OO will revisit the single digits, however, if they meet or beat the street, which I think(HOPE & PRAY)they will, OO will be out of the teens the other way by summer's end(20+). As always, time will tell. Good luck and regards, Jeff............. ps. I expect a retest of 14 3/8 with a possible breakout to 15+ this week! (-: |
