As a short term trade, I would look to short any pop up in CROX this morning or afternoon. Even though this stock has dropped 26 % i still believe a multi day move downward will happen. In other words, short the stock opportunistically. It is currently right around 55 with a high of 55.86. I would start a position around this level and look to short more if it goes higher. Or if you are an options trader, it might be better to buy puts.
CM
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