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  • Quiksilver, Inc - (ZQK) Surprise Loss

    Quiksilver Forecasts Q4 Loss

    Hey Guys,

    ZQK is a stock which has announced a surprising Forecast for Q4 Loss. Shares of Quicksilver rose around 14.4 % on Thursday. The Forecast after the market close caused drop of around 13% After Hours. There is a nice chance of a big Drop in the stock price. It has to drop below Wednesday's closing price as Thursday's price rise was in anticipation of good results.

    The best way to earn in such stock will be o enter at the deepest possible point where you have the confidence to get some profit. Such stocks are oversold many times by some bad news.  Do take your share of the money which is going to be earned on Friday. Good Luck for your trades. Don't forget to share your trade ideas with all our readers by leaving comments.

    This company is a well established company. Quiksilver, Inc. designs, produces and distributes branded apparel, wintersports equipment, footwear, accessories and related products. The Company’s products are sold in approximately 90 countries in a range of distribution channels, including surf shops, ski shops, skateboard shops, snowboard shops, its concept stores, other specialty stores and select department stores. The Company has three operating segments: Americas, Europe and Asia/Pacific. The Americas segment includes revenues primarily from the United States and Canada. The European segment includes revenues primarily from Western Europe. The Asia/Pacific segment includes revenues primarily from Australia, Japan, New Zealand and Indonesia. On November 12, 2008, the Company sold its Rossignol business, which included the brands Rossignol, Dynastar, Look and Lange. More about the company on Reuters

    Quiksilver Inc (ZQK.N) posted a quarterly profit that was in line with market expectations, helped by improved cost-cutting efforts, but its shares slumped as the apparel maker forecast a surprise fourth-quarter loss partly due to higher interest expenses.
    The retailer, which makes surf-inspired apparel, also said it will post a mid-teen percentage fall in fourth-quarter revenue from the year-ago quarter.  More News Here
    All the Best for Friday. I want all of you to earn enough to enjoy This Long Weekend with Happiness. 

    God Bless,

    Be Rich.


  1. mciaffone says:

    Why do you expect a rise?, it's seems that will be a big drop all day. (I'm newbie) Thanks.

  1. mciaffone says:

    Newbie again, what do you think about NYSE:TSM, it will follow NASDAQ:SPRD rise? They have a contract.

  1. zhu bin says:

    Any idea about SPPI? They got good news from FDA but the stock is down 5%.

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