Friday, June 16, 2006

Stock of the Day





I like Crocs (CROX) for a trade here. The stock looks like it has bottomed, and should get a pop.

This stock continually shows up on my screens for having very high short interest. I don't know how many of those shorts may have covered already, but I know if this thing rallies, it will likely cause a surge in short covering.

It is a recent IPO, so it doesn't have much trading history. But I like the risk/reward here.

long CROX

0 Comments:

Post a Comment

<< Home