SKECHERS: VARCHILD Made you FILTHY RICH!
April 29, 2009
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RELATED TICKERS: SKX
VARHILD2008 strikes GOLD again!
Skechers earns 18 cents a share in the 1st quarter versus the estimate of a Loss!
Holy Smokes! My personal experience going from 1 store to another and another showed inventory draw down hugely bullish.... As price of shoes were cut $10 to $20, shoppers were buying several pairs of Shoes in order to avoid a future return to the retail price....
Varchild saw the BULLISH-ness of a Shoe Company that Women absolutely Loved...
Varchild knew Skechers was the only shoe brand for Women with Arch Support and what do women complain the most about Shoes??? Arch Support..... Women have a harder time than Men to find a comfortable shoe to wear in the Spring/Summer.... Skechers produces Comfort for Women that rivals all other shoe brand companys...
All of the talk on Motley Fool about Skechers being nothing more than a FAD has just been SPANKED and SPANKED HARD!!!
Skechers is going stratospheric in After Hours market!
If you agreed with Varchild and Bought SKECHERS prior to the Earnings Report...
Congratulations!!!!
If you disagreed with Varchild.... Bah.. Don't Worry.... I'll get you another great stock pick that will make you millions in due time :-)
This is more proof that the NEWBIE VARCHILD of 2008 is no more... The Professional VARCHILD is here!