Although the retail picture for many apparel companies has been a bit less encouraging then many would like, some have been riding a wave that has yet to crest. Playing to the tween and teen markets always seems to find that little extra disposable income for the shopper to stay in style. A company that can tap into this demographic is one that will find many sources of “way-cool” profit.

Volcom Inc., a retail brick and mortar/online marketer of young people’s apparel, works to serve an apparel lifestyle niche oriented toward board sports such as surfing, skate boarding and snowboarding. The company was founded in 1990 and has since grown to begin offering its products through various channels in Europe. The company made its first acquisition at the end of 2007 and currently carries $93 million in cash (and very little debt) on its books. Yearend figures for 2007 showed sales

...

I think the title says it all. The new longs sure don’t look nearly as bad as today does. Also a bullish close makes today constructive. The very low volume also makes this seem like a nice fearful pullback. ROYL and AVAN worked immediately!!!! That is how they are supposed to act!!!