CROX tp declare stock split in near future
- Thread starter ghostzapper
- Start date
If your referring to me I'm not underwater on this trade at all.
The only illusion your going to see in 3 months from now is WHY you were stupid enough to believe that rubber shoes (that are easily knocked off) could be selling for $30 when they can be produced for $2.00.
It's only a matter of time before the bottom is pulled out on this and your left with AIR.
I've seen bigger jokes, riding a wave of short interest, have even greater stock price appreciation. There was a company on the amex called "scandinavian ..." something, i forgot. The stock had a static web page, and they say they had an "internet switch". The company was worthless, yet went from split adjusted price of $1 to over $100 . There were multiple splits. Then it collapsed.
Crox at least makes a product. This was a static web page.
Does anyone remember the name of this company?
Cheap imitations will never kill CROX.
-fashion is less value sensitive than other industries. CROX are cheap to begin with. CROX spends, I believe, $0 on advertising and fakes will only highten awareness.
-I can't think of a single fad or fashion brand that was killed off by fakes. Oakley, Birkenstock, Louis Vuitton???
-Aging hippies pay premium for fashion that meshes with their ideology.
-CROX markups have to be astronomical yet they are affordable for everyone.
-CROX is branching out with different lines. No one knows how well these lines will be received.
Why does someone short a strong growth stock in the midst of a bull market that is valued reasonably and with a big short interest? Why does someone short prior to earnings and in the midst of a parabolic breakout?
Note: I've spent less than 5 minutes researching this company and have no $ on the line at the moment.
-fashion is less value sensitive than other industries. CROX are cheap to begin with. CROX spends, I believe, $0 on advertising and fakes will only highten awareness.
-I can't think of a single fad or fashion brand that was killed off by fakes. Oakley, Birkenstock, Louis Vuitton???
-Aging hippies pay premium for fashion that meshes with their ideology.
-CROX markups have to be astronomical yet they are affordable for everyone.
-CROX is branching out with different lines. No one knows how well these lines will be received.
Why does someone short a strong growth stock in the midst of a bull market that is valued reasonably and with a big short interest? Why does someone short prior to earnings and in the midst of a parabolic breakout?
Note: I've spent less than 5 minutes researching this company and have no $ on the line at the moment.
Quote from Joab:
There's the blow off top down she goes.
? nice call
CROX +.20 to $60.50
say hello to crox $63, and say hello to new excuses by marketsmurfer. My guess, rather than getting stopped out @ $63 like he said, ego will force him to say that he is now "doubling up" again at $63.
Isn't it great to keep doubling up every time you lose $5 on a stock ? And then you say you have no loss b/c you didn't cover (ala mr. market). Nice work smurf.