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Opinion on  Crocs Inc (CROX)     Sector: Consumer Cyclical  >  Industry: Footwear
Bullish on CROX ...

Jun 11, 2008 11:16 PM GMT
Gandhi_x
Return Risk
-43.59% MID
Analyst

I think that this company has nearly reached its minimum, I don't thinks so that the shares will go under $8,50. The company closed down one of 8 existing factories because of high production costs. I think it was good decision becouse the company can undoubtedly run on much lower costs in countries like Mexico, Italy, Romania, Bosnia, China, Brazil, and Vietnam than Canada. Shares of Crocks droped by 40% that time. However the company seems to be full of new ideas and activities. I expect some nice profits this year which could push the prices back up to $20


CROX:  This call was made on 06/11/08 @ $9.2
Rating:   Positive   $9.2 (06/11/08)
Gain/Loss:   -43.59% in 533 days


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