Rare Marketsurfer Stock Pick--SHORT

Discussion in 'Stocks' started by marketsurfer, Jul 11, 2007.

  1. Daal

    Daal

    whats your exit strategy and the logic behind it?
     
    #61     Aug 10, 2007
  2. I have no position in this stock, but I have to disagree with this statement.

    Heelys has one basic fad product.

    Crox is known for their plastic shoes but they are expanding their footwear line to hit the adult market.

    They also have sports equipment lines (Fury).

    I think someting they are lacking right now is a big name athlete or celebrity backing.

    If they can penetrate golf or any other sport and/or get more athletes and celebs to wear the product then they have a chance. If not they'll be dead in a few years.
     
    #62     Aug 10, 2007

  3. no strategy, just paitence. when this dog starts the death spiral, its gonna be spectacular......

    surf
     
    #63     Aug 10, 2007
  4. Daal

    Daal

    lets say your right, you will then just randomly pick a point to take profits?
     
    #64     Aug 10, 2007
  5. yeah, it will be totally subjective.

    surf
     
    #65     Aug 10, 2007
  6. crox looking weak, holding shorts with profits presently.

    this dog is going DOWN.


    surf
     
    #66     Aug 16, 2007
  7. Daal

    Daal

    what a pick.... all this stock has done so far is to be a leveraged play on the spx or yen carry, you had no catalyst or reason to believe bad data is likely to come soon, the insider sales are troubling but the market can remain irrational longer than I can remain solvent. next time just short the dow with little money down and the results will be the same. in fact you could make profits on this but still for the wrong reasons
     
    #67     Aug 21, 2007
  8. ouch..not good
     
    #68     Aug 21, 2007
  9. nothing has changed in the analysis--sure im expecting lots of volatility, big deal. this is a dog, and its going down expecting < 20. stay tuned.

    surf
     
    #69     Aug 21, 2007
  10. Shorting LULU is a better bet if you want to short retail aparel goods
     
    #70     Aug 21, 2007