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Wed Mar 19th 11:24 AM | Rating: 0 0
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Crox Could Rise on Piper's Inventory Comments

CROX is a bargain here, even if their grow decelerates... If the inventory issue is the show stopper, they buy, buy, buy because it is all in models that will absolutely sell... I agree that there is a fad element to this company's products because of fashion, HOWEVER, their international sales are growing and the fad is not fading in those areas AND they have and will continue to innovate as this is also a "technology" company (resin)... With the strong Euro and Yen, and increasing exports these guys will do incredibly well for the coming 12 months... I bought, and will continue to buy more at these low levels because the numbers will eventually justify a significantly higher stock price (based on valuation)... I hit over 100% on this already, sold at almost peak, and with my sub $20 cost, I expect to hit a double banger! - I am recommending this stock as a "strong buy" to all of my clients and friends.
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