Mexx

Ten Micro Predictions for 2009

Good entertainment value, that is about it.

Anyone taking Eric's predictions more seriously than that is a total fool.

Crocs: It's the Product, Not the Economy

Amit, great write up and analyisis. Prior to yesterday, I thought Crocs was hitting a slump due the economic woes just like all other apparel brands. I thought their inventory problems was a short term snaffu that could be fixed. Furthermore, their positive int'l growth and brand extensions seemed favorable drivers for a potential bump up in the stock price to the mid-teens from the $9 levels prior to yesterday. But hearing the incompetence and misguidance of management in their earnings call yesterday, I realize I was dead wrong. I was long on CROX and will be cutting my losses very soon as I no longer see any real catalysts for this stock to go up anytime soon, not this year or the next.

I anticipate the trickling of bad news will continue quarter after quarter and the stock will continue its downward slide.

Crocs: It's the Product, Not the Economy

What is up with Gumby, sounds like he bought the stock at $70 and is blaming Wall Street for his massive losses. Shoes made of the "finest" materials won't necessarily make you money you fool -if that was your investment thesis for Crocs, I can see why you are so pissed off.

And do you think that seeing a bunch of medicare patients wearing crocs is going to raise the coolness quotient for the fashion conscious?

Enjoy your "bacteria free shoes..." that is real fashion statement if I every heard one!

Was Peter Lynch Wrong? Crocs and Other Trendy Companies

I see CROX nose dive more of a correction exacerbated by an economic downturn, and a couple of management misteps (yes, call it a perfect storm) than a trendy stock gone out of style. The stock run up had more to do with media hype and hedgies bidding up the stock, at some point they realized it got way ahead of itself and the shorts came in. As someone else said, the international growth CROX is having cannot be ignored. Everyone in Israel, Spain and every other beach town around the globe wears these things. Been to a hospital lately? An for those of you that say this is a single product company, you might want to visit CROCS.com

I have never owned the stock, but I think it is too early to write off this company. At this price level, it may be time to be greedy, take a long position and be a little patient. This storm too shall pass.

Crocs Appears Well Positioned, Stock Is Cheap - Baird

The real story with CROX is its international growth. CROCS is now well positioned to supply their wares to all corners of the world (e.g. CROCS sales in Japan are growing in the triple digits). I am bullish that we will see one more solid run up on this stock sometime this year.