However, it's worth noting that two Crocs insiders recently stepped up and bought millions of dollars' worth of shares. - First, Director Doug Treff bought $1.5 million worth of shares for around $84.13 per share.
- Then, Chairman Thomas Smach bought $986,000 of shares for around $82.88 per share.
Before these purchases, neither insider had bought Crocs stock on the open market for years. YOUR ACTION PLANWith shares now trading around $70, you can own Crocs at a $12-$14 discount relative to what the insiders paid - which could be the deal of a lifetime. Research firm Baird has an "Outperform" rating on the stock and a $200 price target. Even if shares recover to only half of that, buying today for $70 could represent a timely entry. P.S. Have you signed up for $500 Friday? Today, we're kicking off a weeklong series that explains our trading strategies and methodologies. It's totally free to sign up, and you'll receive one new trading lesson each day. They'll be short - but powerful - lessons that detail exactly how we successfully navigate the markets and trade in real time. And Friday, March 18, will be the big day... That's when you'll receive a live trade recommendation that we guarantee will make you $500 in cash premium. Best of all... As a loyal Trade of the Day reader, you have the opportunity to jump to the front of the line and sign up for our "$500 Friday Challenge" - TOTALLY FREE. Click HERE to Skip the Line and Sign Up for $500 Friday - Totally Free Here's our full training schedule for this special week (you can rewatch these sessions at your leisure): - Monday, March 14, 1 p.m. ET: Options 101: How We Trade for Daily Gains (Intro to Calls and Puts)
- Tuesday, March 15, 1 p.m. ET: Overnight Trades: Setting Up a LIVE Trade in Real Time
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- Friday, March 18, 1 p.m. ET: Your $500 LIVE Trade Recommendation
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