CROX might have a huge mark down The inventory soon. 1) The inventory skyrocket because every retailers wanted shoes with holes during the summer. But they forgot we don't wear shoes with holes in winter. 2) The explosive stock movement artificially drove the retail sale, now people will rethink even wearing it in the public places. 3) Shoes become out of fashion as they got weared off.
I hate fashion and fads more than anything. I wouldn't go long in this stock. However, a friend of mine swears by these shoes. She has constant foot and leg pain. She's had 2 surgeries, countless inserts, etc. She claims these are the only shoes that provides pain relief for her when walking. I know, it's hard to believe but that's what she says. It won't stop me from shorting this lame ass company though!
Does this turd of a stock have a bottom? I'm not long but it's amazing how quickly it has fallen and how much