Crocs Inc (CROX) at a new all-time low
Remember the company that made shoes with holes in them? Remember how everyone was running out and buying them because they were the new cool thing? Well, I guess the hype didn’t last long - CROX was on the the all-time low list today:
Did the shorts make tons of money??? Well, maybe one or two of the quick and nimble ones did. But there was a period of time last year when I noticed the short ratio on CROX was very high - and the stock was making new all-time highs with leaps and bounds every day. I can tell you that the not-so-quick and not-so-nimble shorts GOT KILLED.
Timing is everything.
