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Related Symbols: CROX
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03:23 PM Eastern Standard Time, 02/26/2010 (MidnightTrader) — In last evening’s Forecast Report, Crocs (CROX) signaled a possible short play for early Friday from the 5.70 to 6.80 mark, a top that formed in the latter portion of night trading. From the long side, a play from 6.41 to 6.50 emerged.
Early Friday, CROX established a pre-market lows at 6.42, right within our target. A buy there, as measured to the day high of 7.18, is 11.8% in the black.
From the short side, the stock moved as high 7.42, well north of our target. Still, a sell at the top part of our range, at 6.80, as measured to the regular session low of 6.69, is 1.6% in the black.
Price: 6.96, Change: -0.83, Percent Change: -10.7
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