Camden

Crocs: Patience Is a Virtue

Re: "Those who spent the time needed to understand the business and the balance sheet have been greatly rewarded as the market has finally recognized fair value."

I agree with Idiotbuster. In November there was no way of knowing Crox would not go out of business. There was nothing in filings that indicated management had taken the necessary steps to stave off bankruptcy. Yes it worked out (so far), but there was no way to know it would until the announcement.

Crocs: Patience Is a Virtue

Re: "Those who spent the time needed to understand the business and the balance sheet have been greatly rewarded as the market has finally recognized fair value."

I agree with Idiotbuster. In November there was no way of knowing Crox would not go out of business. There was nothing in filings that indicated management had taken the necessary steps to stave off bankruptcy. Yes it worked out (so far), but there was no way to know it would until the announcement.