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3/8/2010 11:13:17 AM Eastern Time

Go Long ZQK @ 3.04
By Charles Payne, CEO & Principal Analyst

Long Idea: QUICKSILVER INC (ZQK) @ $3.04
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Trading Parameters
Entry Price	Entry Limit	Stop Loss	Trading Target	Target	Long-term Target	Options
$3.04	see comments	$2.60	$3.70	$4	N/A	N/A

SKINNY: We are seeing strong accumulation of the stock ahead of the company’s earnings later this week. Given the looming earnings release, there is higher than normal risk. That said, there are potential catalysts in the report, such as improved earnings trends in key markets (California, Australia) and subsequently, an improved liquidity position (has been an ongoing concern on the company). Buy @ the market.