Thursday, November 17, 2005

Dumped TWX and VLCM

Time Warner Had a decent spike today so I dumped it and took my profits.

My Portfolio now has realized growth of 13.6% for the year.

I heard Cramer last night talking about Volcom, so I went to their website and checked it out. And wow I was impressed with their line, I personally hate Hollister and Abercrombie and Fitch
(The company not the stock) but I see a major appealing to the high school to college market trying to grab your average preppy youth "skater" boy/girl. meanwhile they have some offerings which do seem similar to Hollister/AnF like stores as well which may appeal to the "preppy" market.

It looks like most of their marketing is towards "skaters" but it looks like this brand has lots of potential.

Their motto "Youth Against Establishment" I find very hilarious, considering that the brand is a corporation, and thus the pinnacle of establishment, just add in some Dow-checmical-acceptable-risk-evil and some sweat shops and you're set on huge profit margins.

Thats what I love about these stores, their clothes are junk but they market them effectively and charge 400% cost...gotta love establishemnt...and the "Youth Against Establishment" that feed into it.

Has anyone seen Volcom or any of the Surfers/Skaters/Rockers/Snowboarders that they seem to appeal to? I'm interested in picking up at least 2 grand in shares.


At 2:30 PM, Blogger superseer said...

you shouldn't make generalizations like that. it makes you sound ignorant. i'm an investor, i'm a snowboarder, i wear volcom, and i picked up their shares long before cramer was talking about them.


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