Rare Marketsurfer Stock Pick--SHORT

[syswizard]

Bottomline:
CROX is a "crock".

 

[Longhorns]

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Quote from marketsurfer:

Continuting to hold all positions. doubled up on CROX short @ 51 .

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Quote from Longhorns:

MS,

This trade was a disaster from the moment you put it on. You shorted at 48, Crox immediately rocketed above 60 (you let it rip through your 55.34 stop).

You got a gift when the market got clobbered and dragged CROX down with it. You could have covered for a push or even a small profit....but you didn't.

Now CROX is back at 59 (you apparently let it rip through your stop again) and you're still holding. This was/is an awful trade.

CROX 64.55....ripping to all time highs.

MS continues to get mauled on this awful trade.

 

[satchel]

He closed the trade.

 

[Longhorns]

Quote from satchel:

He closed the trade.

Thanks.

What price? I don't see it listed here.

 

[S2007S]

Funny how this stock keeps advancing,
CROX is a fad and when it finally ends the stock will be one of the best shorts.


Remember

LA Gear.

HEELYS haha

People will look back in a few years and think why the hell was I wearing these ugly looking shoes.

 

[satchel]

Quote

Quote from Bob Rowshan:

Ok, don't mean to rub it in, but please tell us on the surf report exactly when you are stopped out.
Once you are stopped out, i'm going to cash out of my entire long position in CROX. Many thanks!!

09-24-07 09:12 PM Quote from marketsurfer:

if it hits 63.10, im done.

Trying not to mangle this. I can't keep track of that thread and flames, but that bottom quote is surf, that's what he said he would do.

 

[palenimbus]

lol what a terrrrrible trade, sorry surf but it was too perfect; basically went straight up from where you sold short

 

[palenimbus]

Quote from S2007S:

Funny how this stock keeps advancing,
CROX is a fad and when it finally ends the stock will be one of the best shorts.


Remember

LA Gear.

HEELYS haha

People will look back in a few years and think why the hell was I wearing these ugly looking shoes.

Difference is that the popularity of the two brands you mentioned is based on design. But the popularity of crocs is due to comfort, their oder-free material and party a design fad as well. But the general population does regard crocs as ugly which is contrary to what you would expect from a design fad.

 

[Longhorns]

Quote from satchel:

Trying not to mangle this. I can't keep track of that thread and flames, but that bottom quote is surf, that's what he said he would do.

Quote from marketsurfer:

if it hits 63.10, im done.

He already let CROX blow through his "stop" numerous times, so who knows if he actually stuck to it this time.

Maybe he "doubled down"....again.

 

[gwb-trading]

Quote from Longhorns:

He already let CROX blow through his "stop" numerous times, so who knows if he actually stuck to it this time.

Maybe he "doubled down"....again.

Now at $72.00....... very painful trade if he held on.

In today's news
Crocs Eats Shorts
http://www.forbes.com/2007/10/30/cr...i-in_gy_1030soapbox_inl.html?partner=yahootix