She is an ignorant chump for the ages! If she is pumping then someone with a clue is dumping and that's all there is to it.
She lost $6 Million in a matter of weeks on total fraud stock CROOKS.
April 14, 2008 6:26 PM EDT
Oh my...Karen Finerman finally selling Crocs (Nasdaq: CROX). Karen Finerman was buying Crocs in early November 07 because she thought CROX was oversold. She was buying Crocs in the $48 price range; in the after-hours this evening Crocs is trading at $13, that's a 73% loss in value for Finerman.
On Fast Money, a month later (in December) after her initial call, Karen Finerman said that there is more growth ahead for CROX. She recalls a few years ago, when people thought Decker Outdoors' (Nasdaq: DECK) Uggs brand was a fad, (Uggs brand continues to grow) but it obviously was not, as DECK has exploded over the past few years. She thinks Crocs could follow the same path as Decker Outdoors.
Additionally, she said, as long as retailers are willing to give Crocs floor space, Crocs will be successful at selling its wares. Crocs was trading at $45.21.
A few weeks ago, Finerman said she liked that an insider bought shares, and she did work on the stock and felt more insiders would buy shares after their 6-month frozen period was over.
Well, tonight on Fast Money, Karen Finerman said she is abandoning plans to stay in CROX* and plans on selling Crocs because management has disappointed her. [JT] ************************
Seriously the closer you get to retail the worse she is. She got skinned alive on Office Max in pretty much exactly the same manner.
You are right but hard to explain it to morons who has to ponder if World War I came prior to World War II.
The woman in Fast Money had been telling the camera to buy HPQ for almost a year when hp fel below $52.50, $50, $48, $46, $45 ...
7. Hewlett-Packard Company (HPQ): Diversified Computer Systems Industry. Market cap of $95.15B. The stock is currently -1.24% below its 20-day MA, -1.33% below its 50-day MA, and -7.49% below its 200-day MA. Institutional investors currently own 1,660,156,493 vs. 1,815,233,391 shares held three months ago (-8.54% change). Short float at 0.86%, which implies a short ratio of 0.92 days. The stock has lost -16.41% over the last year.
The "Fast Money" crowd also note Oracle took direct aim at Hewlett-Packard(HPQ) during its earnings conference call, saying that HP servers are slow and expensive, and Oracle plans on taking share from SAP and HP. Does that mean HP is among the "not" tech stocks? Karen Finerman says there's already so much bad news priced into HP that as the dominant player in servers, it's still in a formidable position, and there's potential upside since the bar is set very low for HP.
I also heard this and think we move up from here. After news paper article on Russian Sec problems back in 2001 and the GS down grade, the bad news is price in here. We even went up a few cent in AH's - Looks good for Monday! Have a good weekend.