There are times when stocks are punished for an earnings miss, and then there
are times when they are taken behind the woodshed and beaten to a bloody pulp.
Unfortunately for Crocs (NASDAQ: CROX ) enthusiasts, the stock experienced a
beating of the latter variety after pre-announcing disappointing earnings this
week. These types of monster gaps are the exact reason why shorter-term traders
avoid holding into quarterly announcements.
No comments:
Post a Comment