Friday, April 3, 2009

Decker's Outdoor CFO Resigns

Dear Diary,

I just read that the Chief Financial Officer of Decker's Outdoor (DECK) "abruptly resigned" on March 23, 2009. This can't be good news, so I've put in a sell order for the entire position.

These Holy Grail situations can turn on a dime, but a competent investor can still profit, as it appears my sell price will be about $10 a share above what I paid a short time ago.

Gene