Now, I have no beef with this shoe whatsoever. I’ve put a pair on and they were very comfortable. The poor design is not with the shoe, but with the share holders of this company. I always say that the stock market is gambling for the educated. A few stocks however, cannot claim intelligent investors and CROX is one of them.
I don’t hate these people, in fact they are my favorite. Over the past year I’ve logged into Google Finance to watch the daily nosedive of this company. I’m no sadist, but I laugh out loud reading the message boards of the investors who claim almost daily, “It’s not a fad!” or “It’s big in Europe!” I’m not the only one either. Check out the boards yourself:
http://finance.google.com/group/google.finance.704495/browse_thread/thread/6f797b0488475e9d
http://finance.google.com/group/google.finance.704495/browse_thread/thread/24d0cf7188b02727
These sad sad people have invested into this company at the peak of the shoe’s success only to see the price drop drastically daily. In any regard, after today’s close a $4.33 a share, its a good lesson to the rest of us, DON’T INVEST IN A RUBBER SHOE COMPANY. Even if the Europeans like it…hell, they like warm beer and David Hasselhoff.
My favorite post today:
“people lost interest here. It looked odd with pants and very unprofessional and silly for an adult to wear slacks and then these funny toy shoes. So people must have decided to go back to normal shoes. That is the problem with CROX. What else do they do besides those shoes? and what will happen if they cannot make something new.
Who here paid 70 dollars for crox stock?”
I found your site on Google and read a few of your other entires. Nice Stuff. I’m looking forward to reading more from you.
People who wear CROX have smelly feet. FACT!