Crocs Stock Company
Serious advice: Should I sell my shares for a small loss or hold and accept the possibility of a giant loss?
We are talking about $4000 worth of the stock CROX (http://www.crocs.com)
My order filled at $4.10, it hit a new 52-week low of $3.53 during the week, but closed at $4.12.
The reason I bought shares of CROX is because I like there shoes and I do not think they are a fad. I have other reasons that I will not get into. Also, I have a watch list of about 30 companies. I have literally watched 4 of those companies on my watch list double, some triple within just the last couple months and it bothers me knowing that I did not invest in any of those companies. I would not be surprised if CROX was selling for $12 a year from now, but I have a feeling it could be stuck in the $2 to $4 range for a long time. What should I do and please give me your expert thoughts and analysis on CROX!
Good answer. I like these type of optimistic answers. Just tell me the stock will be up 60% come next February and you will get best answer.
Oh, yes, Crox.
I was shocked at the huge run up they had to $75.00 I knew this fad would crash. I’m sorry, they are basically a form of plastic shes with holes.
With that said, it would not surprise me if the stock moves a bit higher. I could GUESS (I’m not looking at a chart right now) – hold on let me look….
ok I’m back.
Crox missed earnings expectations in Nov 07. In my opinion the last time Crox will ever see $75. A sell long term signal was created on that same day (day chart).
A short term buy signal was created just recently, on 09-19-08 at about $3.93/ sh. The stock needs to break out above $4.30 to go higher. A failure to close above $4.30 could mean the stock may go lower.
I tell people not to invest in companies they like. They need to invest in companies that are consistently profitable.
Good Luck with it!
Catchin’ Crocs
|
|
Harsch Gairtopf Fermenting Crock Pot – 7.5 Liter – ME7428 $139.95 Features & SpecificationsThe Miracle Fermenting Crock Pot – Quick, Easy and Quality! The Harsch / Gartopf fermenting crock pot is a quality crafted piece which is imported from Germany. Easily make nutrition packed sauerkraut, pickled vegetables and so much more. The patented Harsch crock-pot is a beautiful stoneware piece and is fired at 1200 degrees Celsius and finished with aleadfree glaze. T… |
