CROX Falls on Q4 Forecast

Last post 11-12-2009 4:53 PM by Andy Pah. 5 replies.
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  • 11-06-2009 11:47 AM

    CROX Falls on Q4 Forecast

    Crocs (NasdaqNM: CROX) opened at $6.02. So far today, the stock has hit a low of $5.59 and a high of $6.34. CROX is now trading at $5.78, down $1.06 (-15.5%). Over the last 52 weeks the stock has ranged from a low of $.79 to a high of $8.20. CROX forecast a fourth-quarter loss last night of 15 to 20 cents per share on revenue of $110 to $115 million. Analysts are expecting a loss of 16 cents per share on revenue of $113 million. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for CROX. If you are looking for a hedged play on CROX the stock seems like it could be a candidate for a March out-of-the-money bear-call credit spread above the 7 range.

  • 11-08-2009 2:33 AM In reply to

    Re: CROX Falls on Q4 Forecast

    They are also slowing down internationally

  • 11-09-2009 1:35 AM In reply to

    Re: CROX Falls on Q4 Forecast

     CROX has had a tremendous run and anyone who didn't sell is probably now regretting it.

    as they say, bears make money, bulls make money, pigs get slaughtered

  • 11-12-2009 4:39 AM In reply to

    Re: CROX Falls on Q4 Forecast

    Crox is at 5.79 now.  Chart looks good to me, may make a quick scalp.

  • 11-12-2009 8:44 AM In reply to

    Re: CROX Falls on Q4 Forecast

     agree with Coast - on the very short term, go long with stop under a close of $5.19 - right at the huge gap up

    but, with the great run that CROX has had, better watch this stock!

    I'd rather buy the indices (even though it's also extended) and sleep better at nights than a stock that's increased 100-200%

  • 11-12-2009 4:53 PM In reply to

    Re: CROX Falls on Q4 Forecast

    Traded this with success in the summer.Will keep it on the watchlist for a possible early 2010 trade.Did have a nice run from 0.79 to 8.20.

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