Ask yourself, why push back the earnings release another week to the end of the month? Obviously, 4Q sales must be poor and the hope is that the end of Feb sales trend can be used to guide higher.
Just hang on and hope real hard. That always works.
Management can't defend anything with weak sales and poor margins.
It's blame game time...delayed tax returns, end of payroll tax holiday, high gas prices.
Undervalued??? At $40, this thing is completely overvalued. It is a $20 stock. At best.
This company is in a death spiral. The brand is dead. No buyout is forthcoming. Only pain, pain, and more pain.
Earnings and guidance will be a complete disaster.
Sell now before it is too late.
I have been sent to warn everyone to take their short-term profits and head for the exits. The shorts are in control, and the upcoming Q4 miss and lowered guidance will be a deathblow to this stock.
Think CROX Part Deux...