-------------------------------------------------------------------------------- Quote from marketsurfer: Continuting to hold all positions. doubled up on CROX short @ 51 . -------------------------------------------------------------------------------- CROX 64.55....ripping to all time highs. MS continues to get mauled on this awful trade.
Funny how this stock keeps advancing, CROX is a fad and when it finally ends the stock will be one of the best shorts. Remember LA Gear. HEELYS haha People will look back in a few years and think why the hell was I wearing these ugly looking shoes.
lol what a terrrrrible trade, sorry surf but it was too perfect; basically went straight up from where you sold short
Difference is that the popularity of the two brands you mentioned is based on design. But the popularity of crocs is due to comfort, their oder-free material and party a design fad as well. But the general population does regard crocs as ugly which is contrary to what you would expect from a design fad.
He already let CROX blow through his "stop" numerous times, so who knows if he actually stuck to it this time. Maybe he "doubled down"....again.
Now at $72.00....... very painful trade if he held on. In today's news Crocs Eats Shorts http://www.forbes.com/2007/10/30/cr...i-in_gy_1030soapbox_inl.html?partner=yahootix