Skullcandy has always been conservative in guidance and has exceeded expectations every quarter. So, given the prevailing positive business trends that I have noted, I do not believe that this time will be any different. Simply put, Skullcandy has been credible with financials from its inception as a public company, so the odds are in the favor of a third-quarter numbers beat over a miss.

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Granted the CFO resigned and as of tomorrow will no longer be there, but the bigger picture is that he didn't leave on bad terms or that something was not right, he left to pursue other opportunities, yet still remain with the company until April 1st (today) and retain his 10,000 shares in Skullcandy now to me that's a sign of positivity and the 7% drop on the CFO resignation news was over the top.

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