Deckers Outdoor Corporation will report its Q3 earnings on October 28th, 2010 after the markets close. If you don't have an appetite for risk then you may want to think hard about holding the stock into the earnings. Tonight, Skechers USA inc. reported terrible earnings and the stock was punished severely down more than 13% after hours. I'm not saying Deckers will be anything like Skechers, but just be prepared to stomach that kind of volatility if Deckers were to miss earnings estimates.
It may be prudent to take some profits here before the earnings especially if you've been in with me since the low 40$ range. Deckers is up about 25% since then and that's not a bad return for a few months.
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