Got a nice 18 point haircut AH
I MAY be a buyer under 60 if this thing bases.
I listened to the CC, and the problem isn't DEMAND, its that they are having issues with supply and distribution.
I think alot of potential is here.
If I pull the trigger i'll post. Obviously ALWAYS DO YOUR OWN DD...
But I think the selloff was WAY overdone. Foward PE is now in the 20x range, about 10x less then most hypergrowth stocks trade for
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Thread: Crocs Inc. (CROX)
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11-01-2007 12:00 AM #1virtual insanity
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Crocs Inc. (CROX)
"It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 12:03 AM #2virtual insanity
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The problem is that this is a crazy MOMO stock, they could easily drive it down. Looks like some technical support around 55. I'm on the sidelines until I feel its safe to go in.
Just like using this forum to get an idea on some of my calls down the line"It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 12:47 AM #3Registered User
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CROX idk, its stayed consistent but back in July wouldve been the best time to get in.....its basically the IT shoe of Israel...and internationally its extremely popular...but it may have hit its peak
Vengeance is mine
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11-01-2007 12:51 AM #4virtual insanity
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Listening to the CC and the raised guidence i'd think that 08 they still have some SERIOUS room to grow... but we'll see
Originally Posted by MikeyDubl
#1 rule of trading
DONT CATCH THE FALLING KNIFE!"It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 09:14 AM #5Registered User
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down 20% today
Vengeance is mine
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11-01-2007 09:29 AM #6Greatest Of All-Time
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first decker with uggz and now croz with these hideous shoes lol can't even imagine whats next
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11-01-2007 09:59 AM #7Registered User
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still a fan of GRMN.....even though they are down its because they are taking investment risks as a company....but they have been a strong performer for some time now.....when the dust clears this stock could potentially break $150.....it was at $120 end of last week, up from $80 just over a month ago
Vengeance is mine
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11-01-2007 10:03 AM #8es bueno
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Saw it on the Bloomburg this AM...I had NO idea they were doing well at all..
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11-01-2007 10:15 AM #9Registered User
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down 23
Vengeance is mine
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11-01-2007 10:17 AM #10virtual insanity
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let them kill this thing
35% growth still forcasted for 08
baird came out this morning and raised price target to 87
i will love buying in the 40s."It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 10:35 AM #11ginosqualitymeats.com
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Ray, are you buying this now or are you expecting it to come lower?
I am thinking about jumping in, but I have not been watching CROX too much. What do you think will be a good entry point???
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11-01-2007 10:41 AM #12Registered User
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they may hurt their momentum with a dip like this
Vengeance is mine
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11-01-2007 10:49 AM #13virtual insanity
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Haven't stepped in yet, seeing a bounce, but too early to tell if its a dead cat bounce or a rally off the lows.
FWIW, Baird this morning...
NEW YORK, November 1 Analysts at Robert W Baird maintain their "outperform" rating on Crocs Inc (ticker: CROX), while raising their estimates for the company. The target price has been raised from $80 to $87.
In a research note published this morning, the analysts mention that the company has posted its 3Q07 EPS ahead of the estimates and the consensus. Crocs’ sales for the quarter jumped 130% on account of the robust sales of the Capri Classics, Cleo, Athens and Mammoth categories, the analysts say. The company has raised its sales and EPS guidance for FY07 from $810-$820 million to $820-$830 million and from $1.89-$1.93 to $1.94-$1.98, respectively. The EPS estimates for 2007 and 2008 have been raised from $1.93 to $1.98 and from $2.55 to $2.77, respectively."It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 01:39 PM #14virtual insanity
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STILL HAVENT BOUGHT... but getting close
49s now"It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 02:03 PM #15adminGuest
today is a good day to go shopping for stock.
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11-01-2007 02:05 PM #16Moderator
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I cant own stock of a company that I dont really believe in, and I think crocs are too trendy and downright ugly.. the type of thing we'll look back on 2 years from now and be like WTF.. I have no interest in a company that is so heavily invested in a product like that, just my o.
Hi, John. Karl Rove (KarlRove) is now following your updates on Twitter.
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11-01-2007 02:10 PM #17virtual insanity
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agree...
thats why this would be a trade, not an investment
"It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 03:17 PM #18virtual insanity
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took 200 shares of CROX @ 48.5
"It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-01-2007 11:04 PM #19virtual insanity
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To defend the shareprice/employees/shareholders, they approved a 1M share buyback effective immediately.
Very happy @ my entry point in the 48s now."It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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11-02-2007 12:33 PM #20virtual insanity
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took 200 more @ 45.21
"It is not the inital victory that makes the man, but rather his determination to overcome his own limitations and obstacles and once again shine"
I might break but I don't fold
'til I hold the sky in my hand
yeah, that's my goal
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