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Crocs, Inc. Message Board

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  • qofaslave69 qofaslave69 May 20, 2007 8:06 PM Flag

    Hypesters and Cheerleaders

    dr.invest_good,

    This board is not full of hypesters. We have many shorts on the board and their comments are welcome. I love having the shorts around because it is people like you who will fuel this rally, once you realize you have made a mistake.

    Let me see, I have never heard the argument before that the shoes are ugly. People have been saying that since 2003. I stick to the fundamentals, and this company is growing quickly, and internationally. What some stupid Americans may think is an ugly shoe, many Europeans, Asians, South Americans, Australians think are quite nice and comfortable.
    Have you ever tried on a pair of Crocs? Please do so before you short any more stock.

    Did you know that 80% of stock follow the market trend? We are in a bull market and you are shorting a stock that had fourfold earnings growth last quarter, and will be raising guidance next month for Q2 2007. When their sale slow, then I will sell.

    Good luck with your short!

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    • sharonthelibrarian2002 sharonthelibrarian2002 May 21, 2007 12:36 AM Flag

      dr.invest_good,

      qofaslave69 correctly pointed out that we are in a bull market and William O'Neil said never short during a bull market. Stocks have a habit of going the opposite direction from which you think they ought to go.

      If you are shorting because you think the market is going to go down--don't be surprised if the market does the opposite of what you think it will do.

      The longs like the product that Crocs makes consequently they/we are cheerleaders for the stock. I think what the longs are trying to tell you though---is to be careful shorting a stock that has triple digit earnings and triple digit revenue and a stock that is going into its strongest earning period. I agree stocks can't go straight up. But this stock has been forming a rare pennant pattern---strong stocks going into this pattern tend to go up out of the pattern. And I think that is what the longs are excited about.

 
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