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Zumiez, Inc. Message Board

  • amethey amethey Nov 29, 2010 9:34 PM Flag

    Cramer warns to seek Zumiez soon

    On tonights episode, Cramer recommended selling some stake in Zumiez soon before earnings, and before he holds a special segment on these high PE stocks. I took away the sentiment that he was warning the caller to sell before the segment because he was going to recommend to sell it on the basis of valuation.

    Be warned!

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    • Since Cramer is such a great contrarian indicator, I have withdrawn my put offer for now. I will wait until it hits $32.50 or so before considering them, or shorting the stock.

      Its a runaway freight train for now, so any bad news could cause some big time pain to recent buyers. On the hand, the greater fool theory rules for now.

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