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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST
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To: batman10023 who wrote (700)4/29/2012 8:45:19 AM
From: mcspazm1 Recommendation  Read Replies (1) of 1876
 
RE: DECK

There is no doubt sales were disappointing, but I think mostly due to the mild winter (though no doubt the growth should be slowing due to some saturation).

I believe the selling is over done. And am a buyer in the low 50s, though it could easily fall to the upper 30s. This is a trading stock - I have profitably ridden it several times over the last 5-8 years (but not with options as the cycle seems to be too long).

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