Crox has secured 70 million in financing replacing a 30 million credit facility. Piper maintains overweight rating. Crox is at a 52 week low currently and maintaining support. I picked up 17.50 Jan 13 contracts late last week. may be the equity as well or sell equal contracts out of the money as it moves north...
Happy trading...
was the trade a PUT for the 17.50 Jan 13 contracts
ReplyDelete