Wednesday, April 4, 2007

Position Update

CROX is on fire, I think if this one gains some traction, it could easily get back to a 52 week high. I think the stock will be a big winner this summer. Don't forget about international growth!

7 comments:

matt c. said...

hey your "stock of the year" MRVL is going to be a buy here soon once this bloodbath runs its course. it might need to trade to 16 before it'd be good for a trade or an investment, but i like to trade so that's what i'm looking at.

a notice that it's not going to be delisted would be good for a 5% intraday pop IMO.

Ragin' Cajun said...

I agree, if the company gets any cheaper we might get a a takeover bid.

matt c. said...

interesting. there isn't much consolidation in the semis though. who would buy them out?

Ragin' Cajun said...

Not sure, but last time the stock was under 17 there were takeover rumors.

MyFriendFate said...

Just last night I witnessed at least 4 people at my tkd class comparing their crox shoe colors. I can't believe the momentum this fad (if it is a fad) has.

Ragin' Cajun said...

I believe it is a fad, and after this summer I will no longer look at the company. I feel it has one more leg up.

matt c. said...

CROX defies logic. i saw these things on the shelf at my college bookstore the other day. the shoe itself it just a molded piece of foam that has been painted. it can't cost more than $1 to make these things. the price tag? $30. they've been able to get people crazy about these things.