Zen Trader likes Skullcandy's (SKUL) "astronomically high" level of short interest - more than...

|About: Skullcandy (SKUL)|By:, SA News Editor

Zen Trader likes Skullcandy's (SKUL) "astronomically high" level of short interest - more than 50% of the 10.1M share float is short - as the company "continues to defy naysayers," (Q3 report) producing "blow-away growth investors will eventually have to buy into." Forward P/E is ~15, while EPS is growing 57%/year; forward P/Es for companies with comparable&n... rates typically are 30-40.