erniem

Crocs Falls 36%: Time to Buy

This is an interesting stock, and a good buy at $25. Crocs reminds me of Krispy Kreme Donuts. They went ballistic with new openings and great promise, until investors figured out that it was a company that sold DONUTS.

Crocs is a company that sells plastic shoes. In the next five years there will probably be five Chinese companies selling basically identical products for half the price.