March 18, 2008 –
CROX is unbelievable. I can't believe how oversold it is. At one point today, it's forward P/E was less than HLYS forward P/E. People dont' understand global trends and CROX is a global story. You ever visit California and say something is cool. You are back home and three months later you see that same cool thing. Even if CROX is losing its USA coolness. It will still be really cool overseas. Already, 47% of CROX sales are international. I think that should grow significantly. After April 1, 2008, I am expecting some huge insider buying. CROX needs to do something to shake off the shorts. One-third of the float is currently short. If they can do anything to shake off the shorts, this stock could be a rocket ship. [more]
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