CandleStick count of 14 days inside a descending pair of
Bollinger Bands.
Short-Term Technical Analysis
The MarketClub Smart Scan Analysis tool shows the current downward trend is
at a crossroads and has possibly ended. Look for choppy trading action in the
near-term. Very Weak Downtrend with very tight stops.
Using the tradingtrainer.com reactive template, the williams %R leading indicator triggered above the minus 80 percent line and price closed above the 7-day simple moving average. However, the preceding downward trend lasted for over two weeks and
the trade volume of the current upward-move is not as strong as desired.
Buy a call position during the last hour of trading,
ONLY if volume is higher than the previous day and price is above $52.
Use of Stock Chart courtesy of swingtracker.com.
For coaching advice in determining the proper criteria to enter and exit a specific position, visit the Rockwell Trading Coaching Program. A free 60-minute one-on-one session is available to interested investors.
Company Business Summary(Standard&Poor's)
This company is a designer, manufacturer and marketer of footwear for men, women and children under the crocs brand. The Company also markets a line of crocs-branded apparel and accessory items. Crocs, Inc.'s closed-cell
resin material, which it refers to as croslite, is the primary raw material used in all of its footwear and non-branded
products. The Company also selectively uses croslite to manufacture a variety of other non-branded products, such
as spa pillows and kayak seats, which are marketed to original equipment manufacturers. During the year ended
December 31, 2006, the Company acquired Jibbitz, LLC, Fury Hockey and EXO
Italia. In February 2007, the Company acquired Ocean Minded LLC. CROX has an approximate 0.59% weighting in the S&P SmallCap.
Significant News Stories
July 30, 2007
Agrees to acquire Bite Footwear brand for $1.75 million in cash, plus potential
earn-out of up to $1.75 million based on Bite hitting certain earnings targets over
3-year period.
July 30, 2007
Posts $0.58 vs. $0.19 Q2 EPS on sharp revenue rise... Sees $0.58-$0.62 Q3 EPS on
revenue of $240M-$250M... Raises '07 EPS guidance to $1.89-$1.93 on revenue of
$810M-$820M.
July 27, 2007
10:26 am EDT... CROCS INC (CROX 57.92) UP 7.33, POSTS $0.58 Q2 EPS, UPS '07
EPS VIEW TO $1.89-$1.93. WEDBUSH MORGAN UPS ESTS... Analyst Jeff Mintz
tells salesforce biz strong in all regions as co. exceeded even most optimistic Q2
rev., EPS ests... Says exceptional sell-through of both classic, new styles support
cont. growth; exploding sales in Europe suggest another huge rev. opportunity in
So. Amer... Notes co. just beginning to exploit huge direct retail opportunity...
Says some Fall styles are significant departure from previous products, providing
growth opportunities but also increased risk... Ups $1.74 '07 EPS est. to $2.02,
$2.15 '08 EPS to $2.85, $54 tgt to $71... Rates strong buy. /BEgli
July 27, 2007
Co., Jibbitz LLC enter licensing agreement to allow both companies to license
properties byWarner Bros. Consumer Products on behalf of Looney Tunes,
Hanna-Barbera, and Scooby-Doo for use with their footwear.
August 4, 2006
NEW YORK (Standard & Poor's)--Aug 3, 2006, CROCS INC, announced 2Q EPS
$0.39 vs. $0.10 and 6 mos. EPS $0.56 vs. $0.16.
May 26, 2006
Ups guidance to $0.23-$0.25 Q2 EPS on $62M-$65M sales from $0.21-$0.22 EPS on
$53M-$55M sales... Files registration statement with SEC for public secondary
offering of common stock held by CROX stockholders.
May 5, 2006
(incl. stock option expenses) on more than fourfold revenue rise... SG Cowen
raises estimates...
May 5, 2006
Q1 EPS. SG COWEN RAISES ESTIMATES... Analyst Elizabeth Montgomery tells
salesfore strong Q1 revenue, margin results give her further confidence in co.'s
ability to realize NT term market shares gains, achieve strong '06 earnings
growth... Further, believes mgmt taking right steps to introduce new models to
evolve business away from its reliance on two current styles... Raises $0.70 '06
EPS est. to $0.79, $0.82 '07 to $0.95... However, keeps neutral rating given limited
visiblity into both retail sell-through or newer styles, co.'s LT ability to manage
inventory to maintain industry leading margins. /STrombino