(Editors' Note: Billabong trades on the Australian Stock Exchange under the symbol BBG.AX, with ~$AUD 1M average daily volume).
Billabong (ASX: BBG AU) and Quiksilver (NYSE: ZQK): Two Similar Financial Paths, Two Different Strategic Paths
Disclaimer: BluePac Partners is long shares of Billabong and short shares of Quiksilver. This is not a "pair trade", as each position would exist without the other.
Further Disclaimer: All information contained herein is strictly the opinion of BluePac Partners. All financial projections are BluePac Partners' estimates and are not to be relied upon. Nothing contained herein should be assumed to be factual or accurate, and all investors should do their own research.
I believe Billabong (OTCPK:BLLAY) is an interesting long...
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