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BUY Recommendation

posted Jul 28, 2009, 12:16 PM by Mohit Kumar   [ updated Jul 28, 2009, 12:20 PM ]

With our portfolio blazing all guns so far, we can afford to take some risks! Today, we will add a promising small cap to our portfolio. With earnings just 2 days away, we will not predict the price movement and bet on the long term growth!
  • Headquarters in Costa Mesa, California
  •  Designer, marketer and distributor of young mens and womens clothing, footwear, accessories and related products mainly catering surfers, skateboarders and snowboarders
  • International presence in Europe and no debt
  • Expanding international presence in Japan and Brazil
  • Has started exploring acquisition targets and entering new product lines
  • US sales have dropped significantly and maintaining a solid brand name is imperative for success
  • Has serious growth potential in long run!
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