Reading Time: < 1 minute Heelys reported a decent second quarter, at the same time it warned its second half will be more challenging. “Challenging” is a polite word, “go off track” is more proper in my mind. So I guess I will take my loss tonight when the market opens. With Heelys report, all my 6 stocks reported earning.
Reading Time: < 1 minute Yeah, I know it’s risky, because I’ve been there. But I’m not insane. I think the recent sell off is a bit over done, at least from my store checking: Dick’s Sporting Goods, Finish Line and Sports Authority are displaying new Heelys for “back to school” season. I assume those guys don’t just put there
Reading Time: < 1 minute Heelys sold 5.1 million pairs of its walk/skate shoes in the US during 2006. Note in the US there are about 36 million kids between age of 6 to 14, Heelys’ core customer. In other words, every one out of 7 kids in the US got a pair of Heelys, which sells from $49.99. The
Reading Time: < 1 minute It appears Heelys is well prepared to the new school season. The other day I saw FinishLine has put the Heelys by the front entrance. Today I saw Sports Authority, and Dick’s Sporting Goods have new Heelys on display. Heelys has two seasons: the X’mas (winter) and “back to school” (summer). It will be interesting
Reading Time: < 1 minute Just went back from Chesterfield Mall, saw Heelys at predominant locations at “Finish Line” (the discount sporting shoes store), and TradeHome, a boutique shoes store which also sells Crocs, Keen, Merrel and Teva. The Journeys also kept the Heelys, also I saw they cut the price on one model. Yes, Heelys (HLYS) is a broken
Reading Time: < 1 minute (Update June 29) Motley fool ran an article on this. I agree what they said. (Original June 28) Yeah, they decided to withdraw the already-cut-in-half secondary offering, according to Business Wire. This is the first time I saw a company withdraw a secondary offering, because of lack of interest (from buyers). I did see some
Reading Time: < 1 minute It appears they cut the secondary offering almost by half, amid the dropping of the stock price lately. (presumably there is a lack of interest by institutional buyers). Here is the amended SEC filing. They are going to sell 4.5 million shares instead of original 8 m shares. Now if they could find enough buyers for
Reading Time: < 1 minute Fuwei Film (FFHL) stock got a 22% jump today after it announced a very good earning report. Interestingly, I was thinking about this little known company lately. Why? Because I noticed a few days ago it got upgrade from Maxim analyst. The stock went up about 10% and dropped back to 10 in a few days. More importantly, I
Reading Time: < 1 minute Google Checkout is doing promotion again. I found this while I Googled “Heelys”. Here are the links for Heelys. I think the $10 off can be applied to other things too. A gift from Google for your V-day. Sports Authority, Dick’s Sporting Goods By the way, I visited couple Sports Authority stores and Dick’s recently, and
Reading Time: < 1 minute We all know it’s a fad. But here is the one million dollar question: when shall we take profit (or loss) for the Heelys stocks (HLYS)? From the IBD article today, it seems Heelys still got room to grow. The following is quoted from IBD: “For one thing, there’s still plenty of room to grow sales in parts
Recent Comments