Whats the deal with Crox?!

[yanksrule80]

Why is it tanking even thoug it beat earnings estimates and had revenue grow from last quarter of 99%? Also the fiscal revenue grew over 138% I still do not understand why it would tank on this news? Can someone who has been following this stock alot longer then me give me some info on whats going on? Thanks

[BetonBeer]

Why is it tanking even thoug it beat earnings estimates and had revenue grow from last quarter of 99%? Also the fiscal revenue grew over 138% I still do not understand why it would tank on this news? Can someone who has been following this stock alot longer then me give me some info on whats going on? Thanks

I believe it was their inventory numbers, but I could be wrong.

[wallstreetsedge]

they were in line but guided lower

[bahroor]

a trader i follow regularly wrote this about CROX back in September of 2007:

Recent churning action below $60 per share shows that buyers are no longer in control of the stock. However, sellers haven’t completely gained control either. It is a tug-of-war between supply and demand as we await the ultimate direction of the next trend for the heavily covered Crocs Inc. (CROX).
2715

Held by Institutions: 557
Money Market: 241
Mutual Fund: 304
Other: 12

New Positions: 172
Positions Sold: 75
Shares Held: 104.9 mil
Shares Held Previous Period: 118.1 mil

Shares Bought: 28.5 mil
Shares Sold: 41.7 mil
Value of Shares Bought: $1.68 bil
Value of Shares Sold: $2.46 bil

So, there you have it. It starts off by looking good with 97 more buyers than sellers. But, the rest of the data doesn’t paint such a bright picture:

* The number of shares held has decreased by 12%
* The number of shares sold exceeded the number of shares bought by 46%
* The value of shares sold was $776 million more than bought

Someone is getting off this rising star! Now, the question remains: Will this former rising star turn into a “thing of the past” falling star? CROX looks like a fad to me because the shoes are hideous but they make a TON OF MONEY! I am no longer confident about a long position but I CAN’T take a short point of view either. Not until the signal bell rings! If it confirms, JUMP ON IT – IN EITHER DIRECTION!

[MrSer]

I was short this and ntri. Too bad i didn't buy puts for ntri. Lately i've seen lots of 50% crox's etc etc at stores. I think they will end up like hlys. Their shoes are also ugly.