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Crocs, Inc. Message Board

  • madmoneyguru madmoneyguru Nov 1, 2007 8:38 AM Flag

    1% "miss" in revs = 25% drop in value???

    How does a 1% "miss" in the revenue figure, translate into a 25% plummet in the stock share price?

    It wasn't even a "miss". They RAISED guidance, just not as much as the Street wanted them to. Keep this in mind. They RAISED revenue guidance, but in doing so, projecting $820M to $830M in revenues, the Street is punishing the stock 25% for them not raising the figure to $837M (the analysts estimates). That $837M the company will still probably hit, because they consistently beat estimates.

    The SEC needs to look into this. What am I saying. The SEC is useless in share price manipulation situations like these.

    Welcome to Wall Street. The most crooked market on the planet. The only way to win, is to not play.

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