Top 1%

guliamo

Suddenly everyone's surprised..

Started Nov 09 2007 at 3:04 ET (By guliamo)

Symbols: CROX

What did we all really think?
That a one product rubber shoe manufacture could be worth 5 billion? 3 times as much as well established multi product line Skechers..... it was a matter of time.. just glad I wasn't looking for a chair when the music stopped..

4 Comments

Top 32%

Whirled_Peas

Whirled_Peas

Nov 09 2007 at 4:10 ET

But has it bottomed out yet? And when it does, is it not still a decent stock?

Top 1%

guliamo

guliamo

Nov 09 2007 at 5:16 ET

I think it has all some big NoNo's in it: 1. It has one, new product.. how long till Crocs become uncool? not long, i think. 2. Other Crocs products are on the market but have had little or no sucsess. 3. The company has gone up 300% in a little over a year... 4. The company is valued at $5bill.. 1/6 of Nike??? Come on.. how are Crocs and Nike on the same playing field? Sell sell sell.. the honeymoon is over for Crocs.

Top 2%

Kohalza

Kohalza

Nov 11 2007 at 10:36 ET

Investing in shoes... hmmm... definitely not for me.

Top 1%

blacktuna

blacktuna

May 15 at 8:31 ET

I can't believe there is any one who actually owns this stock... they had their chance to enhance their product line. They failed. All the employees sold their shares long ago... you gotta be nuts to stick around.

This post is more than 60 days old. Replying to it might be confusing for other members reading the discussion. By all means, keep the ball rolling and post a new opinion.