Crox seems to not be messing up, and in fact MIGHT be learning the secret to under promising and over delivering. Shares are pushing $17 after hours today as their 4Q is coming in higher than expected, at the upward part of its guided range. You can see in some of my older posts below some previous thoughts on Crox and why I think it fundamentally looks solid. I think it is also now technically solid. Furthermore, as for the Fly’s theme of investing in highly shorted names, as shorts have been taken to the woodshed in a wide variety of names like NFLX, GMCR, SOHU, etc., Crox is a name that may follow this recent trend. I think it can see 20, but I currently have no position.
http://ibankcoin.com/djmarcus/2011/10/26/im-fascinated-with-crocs/
http://ibankcoin.com/djmarcus/2011/10/27/crox-does-not-blow-it/
