+ Watch CROX
on My Watchlist
The Company designs, manufactures and markets footwear for men, women and children under the crocs brand.
Yeah, it's easy to pile on, but I've always hated Crocs, so what the hell. The Crocs story is done, played out, kaput, yesterday's news, and thank God. They were an inexplicable fad to begin with, and stories of kids getting their feet caught in escalators didn't help matters. Yeah, some people will still buy them; some people still buy lava lamps, too.I wouldn't touch this stock at 50 cents. It's not even showing me enough volatility to swing trade, and there aren't any options available below a $2.50 strike price. Maybe I could buy some and write $3 front month covered calls against it at a nickle a pop. I could sell a contract any time I wanted to buy a quarter pounder meal! I'd have to sell 10 contracts covering a thousand shares just to buy a pair of Crocs!Sorry, there's just no way to make money on this zombie.
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