Quiksilver, Inc. (ZQK)
A globally diversified company that designs, produces and distributes branded apparel, wintersports and golf equipment, footwear, accessories and related products.
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Falling 50-day moving average and one of the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over the last fifty days).
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Looking for a big drop in retail stocks over the next few months. Not a bad company but things dont look well, specifically in the targeted demographic.
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slow go on retail sales at the moment.....
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See my blog on Retail (http://caps.fool.com/Blogs/ViewPost.aspx?bpid=22949&t=01009289685146064849).
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On the slopes and at the beach, Quiksilver loses to Volcom, Burton, Rip Curl, and Billabong.
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I was young once so I asked my teenage kids their thoughts on ZQK and Viola...underperform til summer !!
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while Quicksilver has diversified from their core "Suf-lifestyle" apparel I still think they will have difficulty meeting sales goals this winter.

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