Ever heard the saying, "Even a dead cat will bounce if dropped from high enough!"?
Look for further down-side movement from the former high-flying CROX stock. After the brutal November 2007 sell-off, the stock has entered a dead cat bounce cycle
A dead cat bounce is a temporary recovery from a prolonged decline or bear market, after which the market continues to fall.
Although CROX has experienced tremendous growth, its prospects, as the U.S. enters a possible recession are limited. Fundamentally, it sufferes from a potential 'fad' stigma and since the companies' shoes are made of a plastic, the product may last too long for consumers to buy their product over and over again: this hints at market saturation!
scexglobal
Look for further down-side movement from the former high-flying CROX stock. After the brutal November 2007 sell-off, the stock has entered a dead cat bounce cycle
A dead cat bounce is a temporary recovery from a prolonged decline or bear market, after which the market continues to fall.
Although CROX has experienced tremendous growth, its prospects, as the U.S. enters a possible recession are limited. Fundamentally, it sufferes from a potential 'fad' stigma and since the companies' shoes are made of a plastic, the product may last too long for consumers to buy their product over and over again: this hints at market saturation!
scexglobal