Wednesday, July 11, 2007

We're Bullish on Crocs

Paul and I started playing the stock market last week and we are heavy into Crocs. Stock symbol CROX. I have been a big fan of the shoe since last summer when Paul had to shoot pictures of them for the paper. They were doing a story about how they were all the rage and popping up all over town.

I told him then that they were hot and would be a good stock to look into. Did he listen, no. They were trading at around $30.00 a share and rising. All year long the stock was going up and we would watch it, all the time Paul would kick himself for not investing. Come June of this year the stock was at 90+ then it split 2-1 bringing it back down to into the 40's. I told him again that it was not too late and this time he listened.

We now have a position in the hottest shoe company in the world at the moment and we are going to ride this puppy to the top. We can't wait for them to announce earnings early August, then it will soar back up and hopefully hit 90 or higher by years end.

So go out and buy some pairs of Crocs the shoe and call your broker and buy some CROX the stock. As you can see I am a handsome piggy in my bright yellow Caymans.

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