Hedgeye CEO Keith McCullough adding Crocs (CROX) to the short side of Investing Ideas. Below is a brief note.
These intraday bounces are all part of risk managing The #Quad4 Bear...
The key is to keep moving. Remember, we're looking to add fresh inventory after covering other Bearish @Hedgeye TRENDs on red.
Coaching Notes:
A) Is the ticker making lower-highs on #decelerating volume? ... and
B) Is the ticker one that Retail analyst Brian McGough is bearish on fundamentally?
From the LOVE to the Crocs (no you don't buy more pairs with no stimmy checks), this year has been one to remember on the short side.
Stay with these shorts AFTER they bounce,
KM