Damn CROX


Just had the worst ass-kicking I've ever had in the market today. Why? CROX announced earnings yesterday, and instead of the .63/share they had forecast, they earned .66. Sounds good, right? Some analysts had predicted .70, SO, they lost 36% of value. From $74 to $47 in one day, after BEATING estimates. Pure manipulation, lead by Cramer, the bald headed bastard, who actually cut a Crocs shoe in half on his show. The day before he had a special on how to manipulate stocks. I'm kinda sick, although Iwas playing with 'house money', it's still real money. The perfect storm. Miss 'the street' guess, then the company conference call/video got screwed up so no one could hear, followed by a massive across the board sell-off on Wall Street. Oh well, easy come, easy go, but it still hurts, to guess right on earnings, and be punished so hard by the insiders. Bottom line, haven't lost any actual $ until I sell, but on paper, I got my ass kicked up between my shoulder blades. Learned some real-life investing lessons, and what doesn't kill you makes you stronger, I've heard, so at this point, I feel like Superman. Still long and strong on the company, but it's gonna take awhile to recover from this one. Bottom line. still ahead in the investment game, but this hurt.

Comments

Post a Comment

Popular posts from this blog

Great 'bargains' at the local Sprouts store

where we picked up asparagus and baby back ribs. Carol and I went for the same stuff (serarately, today), cuz it is so good, AND a great price. Had it for dinner tonight. WOW. One of my fav dinners, as the ribs start out in the crock pot, then finish on the grill, with fresh asparagus. (and bread pudding for dessert) I LOVE this time of year...
Read more

Guest columnist

Because I'm sorta stuck in an Anti-Bush rant.. http://www.youtube.com/watch?v=D99NHb6B03s Can you imagine all those rapper stars with these things? Of course, they'd have to have theirs with 'da bling! Can't be standard, gawd no! And of course, Britney's gotta have one in her car. Paris with her pooch totin' one on the red carpet at some fete. The boys in 'da hood will have a field day on their daily drive bys. P Diddy will wear his on a chain around his neck. You suppose there will be special pockets made in jeans for these things? Trailer trash folks will have 'em camouflaged. Jeff Foxworthy will have to come up with some fresh Redneck stuff. Think George W. will get one, each for the twins? Don't forget Dickie boy for those spur of the moment huntin' trips. Of course Ma Babs will have hers with pearls. Think it will affect the Royals? I can imagine Charles and Camilia on their fox hunt...........ah yes, and Prince Philip, too, must include the
Read more

You think the Repub brand is tarnished now?

Image
Just wait 'til Bonehead leads us all over the cliff, to save his 2% buddies having to pay a little higher tax. The Pubs keep thinking the American public is stupid, and they can get away with their phony political crap. They keep forgetting we're not all a bunch of FOXNews sheep, who'll swallow whatever swill is shoveled to them. A once proud party, like a beast in it's death throes, striking out to harm whatever's close, threatening to shut the gov't down, (again), over the debt limit, which is just paying the bills they already ran up. Political hacks, pretending to be patriots. So sad...
Read more