It still blows, but it will rebound though
may take awhile but it will retest 50.
Better places to put your money.
may take awhile but it will retest 50.
Better places to put your money.
Quote from stock_trad3r:
LULU is next to kick the bucket
Quote from on the money:
WRONG.
Crox was a one trick pony. Plastic shoes that caught on quickly and overnight became a "must have" item. Just as they caught on quickly, they fell out of favor quickly. That's the nature of a "trend" item. LULU produces for a market specific "niche", performance clothing products for exercise (see underarmour, columbia sportswear, et al). They will thrive as long as their clothing is decent and they market properly just as other specialty clothing manufacturers do. On the other hand, most of the people who got caught up in the buying/selling frenzy of a stock that dumped almost 50% in a week, don't understand the market and maybe deserved to take it in the @$$.
Quote from wxkid23:
Please do some research before you bash a company.
#1
They haven't "fallen out of favor" If you call 140% y/y growth "out of favor" then ok. Companies don't grow 200% forever.
#2
CROX dissapointed with guidance and the market reacted harshly on a stock that was up huge for the year. It now trades at a very favorable forward PE for 35-40% growth.
#3
Plastic shoes (they aren't even plastic) ... they are branching out into many other areas and you are going to start seeing some pretty fashionable stuff from them coming up... the YOU line is just the start.