The Surf Report

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prepare to meet thy maker, CROX :D


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Quote from tradestrong:

surfer -
What is your short target? IMO, it might be dangerous to short this stock strictly on technicals. The company has a lot of cash on hand, it has outperformed the industry very well, it has had quite a few growth opportunities lately and analysts seem to love this stock. Plus it has high profit margins.

I think it could be a tough short really. That's not to say that it won't fall, but it won't come down easy I don't think, because of future growth potential.



hi,

thanks. short target sub 20.

surf
 
So Surf, if you don't mind me, have you just given back 2/3 of your gains? About 220 or so points?

Let's suppose the market rallies tomorrow too, when will you cover?

P.S.: Today was an island reversal, which means usually a turn in the trend, meaning more upside....
 
Today was the last chance to still get out of the position with a decent profit. I predict tomorrow you will close the position with a loss or b/e.....

Currently you gave back 9/10th of your profits....
 
Quote from Pekelo:

Today was the last chance to still get out of the position with a decent profit. I predict tomorrow you will close the position with a loss or b/e.....

Currently you gave back 9/10th of your profits....
:cool:
 
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