When a big fail happens it is reflexive to maybe take a shot...
BIRK Birkenstock Holding Limited
$40.20-5.80 (-12.61%)4:00 PM 10/11/23
NYSE | $USD | Pre-Market: $40.41 +0.21 (+0.52%) 8:36 AM
I understand the logic but look at CROX. Wow!!!! This was $120 and even kissed $140 and it is... $88 or so WOW!!!!//// I know the NIKE stuff but all of footware crashed?
With BIRK now being the most expensive shoe brand stk now on the market I wonder if we don't flip our thought process and blindly buy CROX here?
A certain valuation may be set thanks to BIRK and it may highlight how much CROX has sold off...
I'm not a Crox fan myself so this is tough to do...
BIRK Birkenstock Holding Limited
$40.20-5.80 (-12.61%)4:00 PM 10/11/23
NYSE | $USD | Pre-Market: $40.41 +0.21 (+0.52%) 8:36 AM
I understand the logic but look at CROX. Wow!!!! This was $120 and even kissed $140 and it is... $88 or so WOW!!!!//// I know the NIKE stuff but all of footware crashed?
With BIRK now being the most expensive shoe brand stk now on the market I wonder if we don't flip our thought process and blindly buy CROX here?
A certain valuation may be set thanks to BIRK and it may highlight how much CROX has sold off...
I'm not a Crox fan myself so this is tough to do...
I thought for a moment I owned it somewhere too--- We must of covered this in another thread.