Crocs (CROX) released its first quarter numbers Wednesday after the closing bell. Revenue came in at $198.5 million. The company posted a loss of $4.5 million or 5 cents per share, well below the $24.9 million or 31 cents per share it earned in the comparable period a year ago.

Crocs remained down all day Tuesday after Crocs announced guidance cuts that one analyst termed "stunning," amid lower-than-expected demand, and Najarian warned investors to resist the temptation to bottom fish. Macke doesn’t have confidence in the company after the numbers it reported on Monday, and Finerman says management is clueless.