This SKUL is DIRT CHEAP. This is a very strong brand. I was talking to my wife about it this morning. She said it's a popular brand that sells at Tilly's which apparently is a popular store. She said it's the only brand she buys for headphones.
I listen to my wife because she has always shopped at ROST and JWN and is on top of trends/fashions.
Check out these numbers: Mkt cap = $305 Million Company reiterated outlook for 2011 recently at 44% Rev growth to $231 Million and Diluted EPS of $0.78 (about 15 times earnings for a 40%+ grower) Revenue growth over past 4 years: 2008: $80 Million 2009: $118 Million 2010: $160 Million 2011: $231 Million
Yet the company trades at a P/S of 1.3 and a P/E of 15. By comparison: NKE trades at 2 P/S and 20 P/E UA trades at 2.5 P/S and 40 P/E DECK trades at 2.6 P/S and 17 P/E
There is no doubt in my mind that SKUL will catch the momentum trader's attention at some point and trade at 30 to 40 times earnings. $30 is definitely doable this year.
Looked into SKUL for the IPO...Will look at it this weekend. Busy trying to arrange some sort of ride/charter for the 9ers game tomorrow. Ticket is free if I can pull it off.
Following up on Mark's lead post -- large currency moves have been around for a while. What's important, however, is that despite the HUGE rally in $USD today, S&P closed flat, and so did the TED spread. Incidentally, the TED spread right now is WAY below the top it made in late December. The banks in Europe, which are in constant negotiations with local governments, are not worried.
A stock that could be a huge winner here is Gasfrac services (GSFVF.PK).
It's a Canadian fracing company that uses propane instead of water, so is more environmental, doesn't mess up the water table, and probably doesn't cause earth tremors. It's got patents, so is fairly well protected, low P/E (8 I think) and huge growth projected for 2012.
It's getting some press in the U.S. now (see http://seekingalpha.com/article/319267-gasfrac-superior-production-results) and could be a big winner. I bought some a while ago and am flat, but I think it will be a really good one.
BB - That's an interesting one I remember looking that up a while ago. Another one near its 52 wk lows.
Man the chart of SKUL on a closing basis is putrid. It just made a new low today at the close. I believe the lockup period in the stock ends 1/20/12 so perhaps that could bring even more pressure to the stock. Hard to believe given 40%+ growth rates and a P/E of 12.
For what it's worht from a tech basis the one reason why I like SKUL here is it is a very low risk entry point. It has bounced off $11.8 three times in the past 3 months: 10/4/11 at $11.79 12/13/11 at $11.79 12/14/11 at $11.8
I know David likes these trades but from a trade standpoint, you buy here and get stopped out less than 5% lower...that's low risk to me especially considering the amount of shorts in the stock and the upside potential.
Call me crazy but wasn't DMND doing just fine before they decided to buy Pringles? I think the Pringles deal, if called off, would not be a big detriment to the stock (mainly because its way too big of an acquisition for them in my mind). The company is growing rapidly with brands most of us like and consume. On the weekly chart the thing I like to look for, a MACD crossover I think its called (where the black line crosses over the downsloping red line, is getting teed up. When the black line starts moving north it typically signals a bottom is in place. It's not fool proof but it works often enough for me: http://stockcharts.com/h-sc/ui
interesting, i was shopping for headphones two weeks ago and that's the first time I had ever heard of skul. I passed on them because of the skull. Maybe in 5 years.
Wow, high praise, you guys have been nailing it lately. MITK, Alum, IRE. Hell even "EFeen" Dang has found a bottom. A years worth of moves in a couple weeks. I have been real busy in the real world and have paid little attention to the market except for an occasional peek. Market is bullish to me. Maybe slightly overbought. What does Laundry preach? Buy on a knock out bar ( or is it candle?) in a up trend. Could get one on Tuesday.A stop run then reversal. A breach of 1300 and a orderly melt up to 2007 highs. Why not?
Mark, WLL is looking good on the charts. I Consider WLL to be BEXP before BEXP was BEXP and since BEXP is no more than WLL is the new reborn BEXP. Strangely, I think you understand what I mean. But maybe you have a new BEXP that is not WLL and which company might that be?
Someone get me away from my computer. IRE is now looking really strong. ugh. And MITK is ripping higher.
ReplyDeleteTOF- You crack me up.
ReplyDeleteI'll see if I can find out what's up with the comments...but don't hold out much hope.
Well I flipped my ZNGA for a small profit at $8.7 and then loaded the boat in SKUL at $12.
ReplyDeleteThis SKUL is DIRT CHEAP. This is a very strong brand. I was talking to my wife about it this morning. She said it's a popular brand that sells at Tilly's which apparently is a popular store. She said it's the only brand she buys for headphones.
ReplyDeleteI listen to my wife because she has always shopped at ROST and JWN and is on top of trends/fashions.
Check out these numbers:
Mkt cap = $305 Million
Company reiterated outlook for 2011 recently at 44% Rev growth to $231 Million and Diluted EPS of $0.78 (about 15 times earnings for a 40%+ grower)
Revenue growth over past 4 years:
2008: $80 Million
2009: $118 Million
2010: $160 Million
2011: $231 Million
Yet the company trades at a P/S of 1.3 and a P/E of 15. By comparison:
NKE trades at 2 P/S and 20 P/E
UA trades at 2.5 P/S and 40 P/E
DECK trades at 2.6 P/S and 17 P/E
There is no doubt in my mind that SKUL will catch the momentum trader's attention at some point and trade at 30 to 40 times earnings. $30 is definitely doable this year.
ReplyDeleteSKUL is growing faster than LULU, CRM, UA, PNRA yet it trades at 10 times estimated 2012 earnings
ReplyDeleteKaas is buying everything that's not nailed down.
ReplyDeleteLooked into SKUL for the IPO...Will look at it this weekend. Busy trying to arrange some sort of ride/charter for the 9ers game tomorrow. Ticket is free if I can pull it off.
ReplyDeleteActually a more safe entry into HEK would be 6ish on the VWAP.
ReplyDeleteThe last average I have above it's current price for MITK is the 100.
ReplyDeleteWhat an amateur move selling IRE today...yeesh
ReplyDeleteGo for the game Mark you will enjoy it, was at the Ravens and Browns game in Dec.
ReplyDeleteThe hardest part for me is when to sell. It seems when I hold for more it goes down and when I sell to book it, it goes up. Perverse.
May go long RIG before close.
dude - that would be huge if you score those tickets.
ReplyDeleteI'm really kind of digging this SKUL as an investment. It's a cool brand.
ReplyDeletehttp://www.legalzoom.com/business-management/running-your-business/building-brand-skullcandy
Damn...They've pushed SPY almost to flat.
ReplyDeleteWholly crap! It's getting ugly over there...Italy has just now downgraded S&P!!
ReplyDeleteMark -- where did you read about Kaas buying everything?
ReplyDeleteBB -- thanks for offering that AUMN article. I would like to take a look at it.
ReplyDeleteMark -- can you please send my e-mail to BB? Thanks!
IRE -- amazing move today. What's important is not the news, but the market reaction to the news. I am still keeping my buy stop limit at $5.20/$5.25.
ReplyDeleteFollowing up on Mark's lead post -- large currency moves have been around for a while. What's important, however, is that despite the HUGE rally in $USD today, S&P closed flat, and so did the TED spread. Incidentally, the TED spread right now is WAY below the top it made in late December. The banks in Europe, which are in constant negotiations with local governments, are not worried.
ReplyDeletehttp://216.105.249.164/Mobile/news?id=437441779
ReplyDeleteIm trying to figure out why this is so cheap and why so many r shorting it
BB- Shoot me an email for David. It looks like I didn't save yours.
ReplyDeleteDavid- He posts on Twitter. The only thing he sold today was AUMN.
ReplyDeleteKaas...
ReplyDeleteI am now at my highest net long exposure in over six months.
Kass -- http://seabreezepartners.net/letters&catid=15
ReplyDeleteKass - 10 Reasons to Rally -- http://seabreezepartners.net/letters&id=1115&catid=15
ReplyDeleteMark, sent you the report.
ReplyDeleteThanks.
Twitter is actually turning into a surprisingly indispensable product for investing.
ReplyDeleteA stock that could be a huge winner here is Gasfrac services (GSFVF.PK).
ReplyDeleteIt's a Canadian fracing company that uses propane instead of water, so is more environmental, doesn't mess up the water table, and probably doesn't cause earth tremors. It's got patents, so is fairly well protected, low P/E (8 I think) and huge growth projected for 2012.
It's getting some press in the U.S. now (see http://seekingalpha.com/article/319267-gasfrac-superior-production-results) and could be a big winner. I bought some a while ago and am flat, but I think it will be a really good one.
BB - That's an interesting one I remember looking that up a while ago. Another one near its 52 wk lows.
ReplyDeleteMan the chart of SKUL on a closing basis is putrid. It just made a new low today at the close. I believe the lockup period in the stock ends 1/20/12 so perhaps that could bring even more pressure to the stock. Hard to believe given 40%+ growth rates and a P/E of 12.
I asked MOG about GSFVF and he hadn't heard of the technology. Thanks, I'll revisit it.
ReplyDeleteFor what it's worht from a tech basis the one reason why I like SKUL here is it is a very low risk entry point. It has bounced off $11.8 three times in the past 3 months:
ReplyDelete10/4/11 at $11.79
12/13/11 at $11.79
12/14/11 at $11.8
I know David likes these trades but from a trade standpoint, you buy here and get stopped out less than 5% lower...that's low risk to me especially considering the amount of shorts in the stock and the upside potential.
Call me crazy but wasn't DMND doing just fine before they decided to buy Pringles? I think the Pringles deal, if called off, would not be a big detriment to the stock (mainly because its way too big of an acquisition for them in my mind). The company is growing rapidly with brands most of us like and consume. On the weekly chart the thing I like to look for, a MACD crossover I think its called (where the black line crosses over the downsloping red line, is getting teed up. When the black line starts moving north it typically signals a bottom is in place. It's not fool proof but it works often enough for me:
ReplyDeletehttp://stockcharts.com/h-sc/ui
DMND might be worth a look here.
interesting, i was shopping for headphones two weeks ago and that's the first time I had ever heard of skul. I passed on them because of the skull. Maybe in 5 years.
ReplyDeletetook the afternoon off and went to the boat show. travel campers are heavily discounted, boats are not. i want a couple of sea doos
ReplyDeletebb - thanks for the info and links on Gasfrac. Very interesting.
ReplyDeletei guess liquid propane is denser than water? i'm going to ask around about this one next week.
ReplyDeleteWow, high praise, you guys have been nailing it lately. MITK, Alum, IRE. Hell even "EFeen" Dang has found a bottom. A years worth of moves in a couple weeks. I have been real busy in the real world and have paid little attention to the market except for an occasional peek. Market is bullish to me. Maybe slightly overbought. What does Laundry preach? Buy on a knock out bar ( or is it candle?) in a up trend. Could get one on Tuesday.A stop run then reversal. A breach of 1300 and a orderly melt up to 2007 highs. Why not?
ReplyDeleteeffin a....just posted...any of you guys follow HW?
ReplyDeleteMark,
ReplyDeleteWLL is looking good on the charts. I Consider WLL to be BEXP before BEXP was BEXP and since BEXP is no more than WLL is the new reborn BEXP. Strangely, I think you understand what I mean. But maybe you have a new BEXP that is not WLL and which company might that be?
nice inverted H&S on WLL
ReplyDeleteGold:copper - Still moving in the right direction:
ReplyDeletehttp://stockcharts.com/c-sc/sc?s=$GOLD:$copper&p=D&yr=0&mn=7&dy=0&i=p99295968853&a=217994610&r=7736
NLS still continues to show a series of higher lows on the weekly chart.
ReplyDeleteTake a look at this one on Gasfrac as well: http://seekingalpha.com/article/317173-gasfrac-energy-services-fracturing-game-changer
ReplyDeleteThis guy has done a lot of work on this and summaries it well here and it agrees with my other readings.
http://www.bloomberg.com/video/84128896/
ReplyDeleteI wouldn't be surprised if China stocks are "in play" now that there is a whiff of Muddy Waters looking to go long China stocks.