Andrew Horowitz

Zumiez: Cashing In on Its Customers' Whims

Maybe you have not read the ZUMZ. I have pointed out SEVERAL areas of concern with that stock. Maybe it was the post title? BUT READ THE POST and you will see I am not bandwagoning. Come on Boris, you need to look at it closer.

Did you read one of the items that I cautioned: "ZUMZ is overvalued as compared to these standard ratios, yet the company is growing nicely beyond its competition. The estimates are for 35% earnings growth for FY2008 and 37% for FY2009. Investors will need to pay up for the opportunity."

There were several others too. I like stock for longer term, but to say bandwagoning? Come on.

I will not compare CROX to this....just not comparable.

Don't Get Caught With Your Crocs Down

Ping:

One thing:

I just pasted the recent trades. look at all of the trades over 6 months. I believe it adds up to over $250 million

Don't Get Caught With Your Crocs Down

Jof:

Just tell me one thing. Seriously, just one thing: Why have the insiders sold
7/02/07 MARGOLIS MICHAEL C Sold 11,669 $43.22 504,392.53
06/15/07 CASE PETER S Sold 4,999 $45.62 228,054.38
06/12/07 CROGHAN RAYMOND D Sold 5,000 $90.83 454,150.00
06/12/07 SNYDER RONALD R Sold 150,000 $91.68 13.75 Mil
06/12/07 SNYDER RONALD R* Sold 150,000 $45.59 6.84 Mil
06/08/07 SHARP RICHARD L Sold 16,752 $85.13 1.43 Mil
06/08/07 SHARP RICHARD L Sold 52,184 $85.75 4.47 Mil
06/08/07 SHARP RICHARD L Sold 21,853 $84.20 1.84 Mil
06/06/07 MCCARVEL JOHN P Sold 25,000 $42.60 1.07 Mil
06/05/07 CROGHAN RAYMOND D Sold 5,000 $82.35 411,750.00
06/01/07 MARGOLIS MICHAEL C Sold 5,833 $82.10 478,889.31
05/31/07 MARKS MICHAEL E Sold 23,330 $81.52 1.90 Mil
05/30/07 CASE PETER S Sold 37,501 $78.67 2.95 Mil
05/22/07 CROGHAN RAYMON D D Sold 5,000 $77.48 387,400.00
05/22/07 SNYDER RONALD R Sold 125,000 $77.79 9.72 Mil
05/18/07 MARKS MICHAEL E Sold 100,000 $76.18 7.62 Mil
05/17/07 SNYDER RONALD R Sold 133,334 $76.48 10.20 Mil
05/15/07 CROGHAN RAYMOND D Sold 9,000 $72.30 650,700.00
05/15/07 SMACH THOMAS J Sold 14,202 $73.10 1.04 Mil

Don't Get Caught With Your Crocs Down

Above comment is meant to be below the Boris B 7/22 comment. Hard to concentrate with these tight leather loafers, my feet are killing me. Sorry

Don't Get Caught With Your Crocs Down

Ping:

I was asking you about the WORST in this regard: It seems that when writing about CROX, many people get rather hysterical. I was not actually talking about you, I was asking you your opinion. You seemed to have a level and logical approach and that is not what one usually sees in the comment section with a stock like CROX. (I see that sentences were crunched together so understand your comment - hope this clarifies)

So, to further clarify - I think that there is an opportunity short term, though I am seeing way too much enthusiasm and too many copies of late. Both which show a near term top. I like growth stories like this, I am simply looking at the history and fundamentals of these to extrapolate. Insiders taking way too much off the table for my taste. Growth long term is questionable.

As for "This time is different" - been there done that....Hope the company does well for investors, really. Just want to have a reality check every so often

Don't Get Caught With Your Crocs Down

Severa;l per year. I thought these were durable and long lasting. Why would anyone need SEVERAL per year?

Zumiez: Cashing In on Its Customers' Whims

ZUMZ has less reliance on one product line. Even though Crox is HOT and they are expanding to new styles, it is still just shoes and really one product that is capturing all the attention. BUT, note that I am not so excited here and not saying it is a BIUY BUY BUY by any means. In fact, if you read I send cautionary notes out throughout the post.

One more thing, while I have agreed that CROX shareholders are cashing in now (as are the insiders) I do not see the long term ability for them to continue on this growth trajectory.

Also, one more thing, not sure what CROX actually has to do with ZUMZ in the first place. DIVERSIFY my friend. There are plenty more opportunities out there. (not saying you should sell, just look around - not just down at those comfy orange things) :-)

I am sure there is some witty reply to this, but again, I am befuddled as to why I am even replying to the comparison. Is a comparison of CROX to IBM next?

Andrew

Amazon: Another Killer Quarter

Awesome quarter. Congrats.. AMZN...How are the analysts so far off on this one, 2 quarters in a row? Hmmmm.....

Don't Get Caught With Your Crocs Down

Pigish:

Why is it that fads bring out the worst in people? Non the less, $40 gets you nothing? Consider the $45 put and the $40 put we recommended when Crox was at $47.50. Ummmm, up $6,000 on that trade already, not to mention the last one that netted $18,500 when it came crashing down to $41 last month. (Those were actual trades for accounts)

Now, I agree that they are hot and they are comfortable, but there is too much enthusiasm it would appear. While in the short run, I am sure there is some nice upsides and pops that will occur. I am more concerned about the longer term down. There is usually a capitulation in all growth stories and fads (especially retail) don't you think?

Cabbage Patch, Beany Babys, Tulips just to name a few. Ride it high, but be prepared to get out if things go against you. What I am saying is: don't go down with the ship, (short or long)

Rediff's Acquisition Discussions May Be Driven By Growth Concerns

Nice work in looking deep into this one. I am also looking at the acquisition potential as it is looking as if there is some chatter. Would like to see YHOO take a shot as it needs to do something and this would create an acreetive transaction within short time and help to increase Yahoo's brand.

www.thedisciplinedinve.../

Why I'm Not Buying Crocs or Heelys: A Fast Eddie Story

Poor Eddy!

Very well done. I believe that the amazing amount of support on this stock has me realizing that one mis-step (PUN INTENDED!) is going to be a bad bad lesson for investors. I have been saying for a whole now, take the profits out. Look at the amount of $ the directors have taken from RECENT sales...

www.thedisciplinedinve.../

Andrew

eBay: Coming Up Short in a Bull Market

Alex:

What does that have to do with ANYTHING? No one ever said a blog post moved a stock price....

eBay: Coming Up Short in a Bull Market

Long time? Used to be that long time was 5 years. May be long time for you sure. But still in the arena for a short term trade...

Who is Crocs Trying to Fool?

Zach:

There are two comments related to your question. The first is that I am truly concerned about the cheer-leading that is going on with this stock. You should take a look at the message boards on this. People are buying because they like the commercials. That is outrageous! They are using past evidence of stocks that have moved up to support their twisted idea that that contains any evidence about this stock.

The second point is this: Fundamental trading is used for an overall decision on the stock and the general direction once confirmed with the technicals. Short term trading is primarily a function of the technicals. CROX is running high due to investors desire to move it higher with a penguin type of mentality. (HERD?). I think there are both opportunities to play this as a long term short and pick up some points on the volatility that is created by the <b>"CROX ROX TEAM" </b>of investors...

One more thing, it is amazing the amount of excitement that I seemed to have caused when I initially wrote this article on Seeking Alpha and The Disciplined Investor site (my site) www.thedisciplinedinve... , that in of itself tells me that there is a great deal of emotion driving this stock. What does that tell you?

Who is Crocs Trying to Fool?

Jerry - Oh, one thing... you are quite unprofessional, but that is clear from not only your opening comment, but it is apparent from the rest of your writing as well. Nice to give a few winners with that. Do you even know how to read a financial statement or is price the only important item

I would really like to know your ideas, but leave the emotions at the door for your myspace chat. If you do have some info and an really good insight, can you share.. I am interested and it seems that are clearly LONG (sorry to see the stock moving down so much today... now down $1.90 on...scratch that down $2.20 when the market is really down too, wait, the market is actually up...Hmmmmm) Must be other idiots trying to take some profits after such a huge run up.

That July 80 PUT I bought this AM is now up 12% since I bought it... I should have listened to you... Next time.

Comment all you like, just keep it professional please. Or at least adult-like