Crocs: Successful Brand or Victim of Cheap Imitations? [View article]
"They have perfect financials and a ton of short interest, so even if the fad is over, there is still profit to be had based on fundamentals."
The stock has gone from 70 to 7; that says a lot to me.
My girls (and all of their friends) stopped wearing Crocs last August and I promptly sold my shares at $60 in September the price then went to $75; ouch! But I walked away happy with my take:)
Bought 285 shares ($10,000) at $35, sold at $65 = $8550 profit
Ride the trend people! Get in after it starts, sell before it ends and you will consistently make money!
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"They have perfect financials and a ton of short interest, so even if the fad is over, there is still profit to be had based on fundamentals."
Jul 03 11:30 am
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All Comments by John Pseudonym »Crocs: Successful Brand or Victim of Cheap Imitations? [View article]
The stock has gone from 70 to 7; that says a lot to me.
My girls (and all of their friends) stopped wearing Crocs last August and I promptly sold my shares at $60 in September the price then went to $75; ouch! But I walked away happy with my take:)
Bought 285 shares ($10,000) at $35, sold at $65 = $8550 profit
Ride the trend people! Get in after it starts, sell before it ends and you will consistently make money!