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

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.
Comments (3)
  • Wyatt Junker
    , contributor
    Comments (4503) | Send Message
     
    But the growth is not sustainable. Doesn't matter what the p/e is.

     

    Expensive headphones with cool, look-at-me artwork = fail.

     

    We've already sold Skull last year. We didn't reorder.

     

    Once the trend is done, its done. Over.
    17 Nov 2011, 03:19 PM Reply Like
  • ColdLogic
    , contributor
    Comments (81) | Send Message
     
    Skullcandy has a stock?? What's next, a Justin Bieber IPO?
    18 Nov 2011, 12:13 AM Reply Like
  • Tommy_Finger
    , contributor
    Comments (320) | Send Message
     
    Mind-boggling what people will pay for some wire and magnets. Now why didn't I think of that? 8-))
    17 Nov 2011, 03:27 PM Reply Like
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