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Alias Born 11/20/2004

Re: None

Saturday, 11/07/2015 8:35:13 AM

Saturday, November 07, 2015 8:35:13 AM

Post# of 585
ICON extremely oversold here! MM's took full advantage of shareholder uncertainty and market makers and shorts capitalized on fear. Watch the recovery next week. Guidance changed from $410-$425M down to $370-$380M about 10% lower! Non Gaap EPS $1.35-$1.40 down from $2.00 - $2.15 about 30% lower. Taking the worst scenario of 30% less bottom line the current price per share is extremely deflated should be more like $12-14/share.
From ceo Peter Cuneo " Iconix continues to have significant business strengths from which to build, including it's diversified portfolio of consumer brands, profitable business model and strong free cash flow generation."