Something tells me there’s a liability issue that goes along with these heels-on-wheels.
Posted by on 03/08/2007 at 01:41 PM
Scared yet?
Thursday, March 08, 2007 - 1:10 am
The global markets have been freaking people out. Scary stuff indeed.
But the chart of HEELYS (HLYS-NASDAQ) is shaping as a horror show as well.
What do you make of it?
We don’t have a position in this pig...just thinking about taking one makes us queasy.But some people love pork rinds.
The underwriters are out doing the rah-rah thing. We will pass.
Oh we almost forgot…
Great quarter guys!
Heelys, Inc. Reports Fiscal 2006 Fourth Quarter and Year-End Financial Results
Tuesday March 6, 4:00 pm ET
- Fourth Quarter Net Sales Increased 377% to $71.1 Million vs. $14.9 million Last Year -
- Company Reports 4Q06 Diluted EPS of $0.44 vs. $0.06 Last Year -
Ship of Fools
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The content contained represents the opinions of 1440 WallStreet. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author. Underthecounter has no position in securities mentioned above.
Comments:
Company oversold at $28. Current year EPS likely to be $1.50+. International expasion accelerating in spite of knock-offs. Supply issues from Q2 06 now gone.
Posted by on 03/14/2007 at 02:51 PM
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