Saturday, April 19, 2008

CROX Update for 04.19.2008

CROCS INC - CROX

I last commented on CROX on March 2, 2008, where my analysis told me to NOT buy CROX, despite what Georges Yared "recommended".
Monthly chart shows Georges Yared to be dead wrong in his call on this stock. So, even a p/e ratio of 10 is not a good enough reason to buy.

Weekly chart shows that since Georges Yared's last "buy" recommendation in early March, the price has now fallen more than 50%.

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