A little girl invented the add on deco pices with a craft kit and when the lady who owns the Croc company saw them she gave her a million dollars for the rights to make them. (parents had them patented).
Earnings came out yesterday. They were good. Revenue went from 85m to 224m in one year and earned 58cents per share. At some point and time it will probaly fall. Too late to buy. Time to look at the longterm growth and an exit point. Not saying it is now, but what is the longterm possiblities for growth or dying fad at some point. There have been many of these stocks over the years. Run up, then fall, and settle out on a plain. I see it settling in the 25 or so range sometime in the future. May be soon, may be a while. The big boys are going to push it as far as they can and take their money and run to the next one. Ride it up, but do not get holding the bag. The big jump in the stock you see today happend last night in after hours trading. That is not a today move. That is the big boys. Not much movement today. YET.
I just returned last night from Singapore and Indonesia. Everyone and I mean everyone is wearing them. Except they do have a knock offs.
I don't shop but happen to see they now have a womens shoe that looks like a high heel made by crocs and the women where all over them.
I would say the stock might take a tumble if the knock offs catch on. I was amazed at who and where they were wearing those things.