3rd May 2011–Living with crocodile for 3 years.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	20.50				Profit	3 years

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Earning released, stock gap down.
2. I have been living with crocodile for 3 years and learnt the entire stock cycle from it.

 

Lesson Learnt:

 

1. This shows how important stop loss is to traders (read back my previous CROX post).
2. The stock looks more like a SHORT candidate now.
3. Let's see whether it will come back to $19.50 or not and see how it react there.

 

Intraday Chart

Historical Chart