Blueshift Hearing Mixed Details On Deckers Outdoors (DECK)

In a series of tweets, Blueshift Ideas said that Deckers Outdoors DECK is reporting mixed news from the company, as the company struggles to cope with demand, rising costs and other expenses. In the research firm's report from last week, Blueshift said that"Uggs face 'perfect storm' of drought, higher costs, and demand; Teva's expansion lacks awareness, advertising." Blueshift also reported that "2 of 3 Aussie-based suppliers do not expect shearling availability to improve until '12-'13 season, may affect UGG retail supply + price '11." The company did go on to say that 5 of 6 retail sources said first quarter "UGG sales were strong or better than expected." Blueshift is a boutique research firm that caters to institutional investors and hedge funds. At last check, shares of Deckers were up 65 cents to $92.86, a gain of 0.7% on 525,000 shares.