Approximately August 1st Robert Greenberg, Chief Executive Officer of Skechers put out glowing statements about how the company was in a very strong position and things were going exceedingly well. Very seldom have I read anything more positive from a Chief Executive Officer.
Since that time the stock of Skechers has crashed from $37 to $22 even though the market has been rising. Robert Greenberg and his executive staff have said absolutely nothing of any significance and have allowed whatever forces at work in the market to cause a decline suggesting that Skechers business must be falling apart.
As an outraged shareholder I demand that this company come clean with the public and make an up to date statement about its business.
If you would like to see what Mr. Greenberg had to say you can refer to the company’s website and read July 28, 2010 press release regarding their earnings outlook. (www.skx.com)
Since that time the stock of Skechers has crashed from $37 to $22 even though the market has been rising. Robert Greenberg and his executive staff have said absolutely nothing of any significance and have allowed whatever forces at work in the market to cause a decline suggesting that Skechers business must be falling apart.
As an outraged shareholder I demand that this company come clean with the public and make an up to date statement about its business.
If you would like to see what Mr. Greenberg had to say you can refer to the company’s website and read July 28, 2010 press release regarding their earnings outlook. (www.skx.com)
