RCKY Flat Line at $7

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qll

RCKY is oversold. It still has great current earnings, and P/E only 35 next year. Best of all, the reason why the earning will be done is they forced their competitor to chapter 11 then they will buy the competitor's locations. I think this cost increase is very reasonable.

I see a quick 20% return in a few weeks on this company at $7 range.
 
at least to $10 within a year. maybe to $15.
this is a under book value, profitable stock.
check out KMA, that company was sold at 50% premium after I put a strong buy rating on it.

RCKY will be sold soon. Most likely by DECK.
 
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