Tuesday, August 21, 2007

CROX...

nice company... but I bought my first option ever, a put option -- expires in December.


CROX is growing at 25% a year but that still only gets you around $50/share with $2.00/earnings...

Should the market decline... I'm not sure how far a short squeeze can go.

CROX is up $13 in the past 4 days alone.


Well -- it's a little less than 1% of my trading equity in there so we'll see if the CROX can keep it up for 4 more months.

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