crox

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Warren Buffett's Daring Derivative Deal Does Well - How You Can Too!

Berkshire’s 4th quarter results were propped up by Buffett’s $1.05Bn gains in derivatives betting (something Buffett himself once called "weapons of mass financial destruction" but, as we well know - if you can’t beat them…), which accounted for 1/3 of Berkshire’s $3.06Bn profits.

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Positions as indicated but subject to change.
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Time To Take Another Look At Crocs, Inc – CROX

I was jumping through financial news yesterday and some interesting news on Crocs (CROX) had caught my eye.

Since reaching its peak of $75 in 2007 and living in the basement of $1 just a year later, quietly the footwear company has climbed its way back up to $7 over the last 6 months. Now I’m starting to consider whether it should still be in my dog house.

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CROX (Crocs)

7.8
-0.15 (-1.92%)
  Open: 7.96   Mkt Cap: 668.2   P/E: 0   Dividend: 0
  High: 8   52Wk High: 8.47   PEG: 1.55   Yield: 0
  Low: 7.63   52Wk Low: 1.1   PBR: 2.37   EBITDA: 33.1
  Vol: 2.40M   Avg Vol: 2.85M   EPS: 0.29   Short Ratio: 3
Updated on: Sat, 20 Mar 2010 06:56:16 -0600    
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Votes:11
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Crocs' First Quarter Results Lack Bite

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.

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Votes:12
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Crocs is crashing

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.

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