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mikebrah » Comments » AHBIF.PK

  • Short Interest at Record Levels [View article]
    PS - Long CROX...if that wasn't obvious. Initiated position at 18.95 and have been accumulating.
    Mar 30 13:55 pm |Rating: 0 0 |Link to Comment
  • Short Interest at Record Levels [View article]
    shortsqueeze.com has a lot of helpful short information available for free, and a subscription service with even more info.

    Is CROX dead, or is it being murdered? Personally, I think its the latter. I could understand the skepticism if it were still in the $70s, but at $17 it seems this short is over.

    40% short interest in a stock that has 30% forward earnings growth? 6.5x forward earnings? Chairman just bought $5m worth of stock at $20/share? Rampant international growth...I just fail to see the justification for an OVERWHELMINGLY bearish view of this company.

    Are the shoes ugly? Yeah, but they're really comfortable and extremely versatile and functional.

    The decelerating growth rate was a valid argument when the stock was in the 60s and 70s, but at $17 with its current valuations, the decelerating growth is irrelevant if they continue to grow at 20-30%.

    Anyway, just my $.02
    MM
    Mar 30 13:47 pm |Rating: 0 0 |Link to Comment
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