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February 15, 2007

Selling the Remaining Deckers Shares

The remaining shares of my position in Deckers Outdoor Corporation (DECK/NASDAQ) were sold today (Thursday, 2/15) at $63.58 per share. To recap, Deckers was first recommended on Controlled Greed.com in October 2005 at $20.92.I sold one-third of the position in December 2005 for $30.08. I sold more shares (the equivalent of one-quarter of the original position) in September 2006 at $46.80. And then I sold the rest today.

The Deckers Outdoor position has been closed out with a gain of +131%.

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Comments

Nice, nice play. Good idea to ring the register on this one too.... Archetypal example of your "controlled" greed... nice.

Nice, nice play. Good idea to ring the register on this one too.... Archetypal example of your "controlled" greed... nice.

Lucas: Thanks. Needless to say, most of my stock picks don't work out this well.

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