Yeah, i'm long, no short, no wait long, what a bunch of BS. Just like a certain trader who doesn't know he is underwater on a "trade" until it is pointed out to him. A lot of delusion going on on ET by grown men, pretty sad stuff.
If your referring to me I'm not underwater on this trade at all. The only illusion your going to see in 3 months from now is WHY you were stupid enough to believe that rubber shoes (that are easily knocked off) could be selling for $30 when they can be produced for $2.00. It's only a matter of time before the bottom is pulled out on this and your left with AIR.
I've seen bigger jokes, riding a wave of short interest, have even greater stock price appreciation. There was a company on the amex called "scandinavian ..." something, i forgot. The stock had a static web page, and they say they had an "internet switch". The company was worthless, yet went from split adjusted price of $1 to over $100 . There were multiple splits. Then it collapsed. Crox at least makes a product. This was a static web page. Does anyone remember the name of this company?
Cheap imitations will never kill CROX. -fashion is less value sensitive than other industries. CROX are cheap to begin with. CROX spends, I believe, $0 on advertising and fakes will only highten awareness. -I can't think of a single fad or fashion brand that was killed off by fakes. Oakley, Birkenstock, Louis Vuitton??? -Aging hippies pay premium for fashion that meshes with their ideology. -CROX markups have to be astronomical yet they are affordable for everyone. -CROX is branching out with different lines. No one knows how well these lines will be received. Why does someone short a strong growth stock in the midst of a bull market that is valued reasonably and with a big short interest? Why does someone short prior to earnings and in the midst of a parabolic breakout? Note: I've spent less than 5 minutes researching this company and have no $ on the line at the moment.
? nice call CROX +.20 to $60.50 say hello to crox $63, and say hello to new excuses by marketsmurfer. My guess, rather than getting stopped out @ $63 like he said, ego will force him to say that he is now "doubling up" again at $63. Isn't it great to keep doubling up every time you lose $5 on a stock ? And then you say you have no loss b/c you didn't cover (ala mr. market). Nice work smurf.