Thursday, July 16, 2009

I Hate To See Any Company Go Out of Business, But In This Case ....


I read today that the "Crocs" could be on their way out. The company that makes them lost $185 million last year. It seems that they are falling out of favor with the trendy and fashion conscious. See the report here. I hate to see any company go out of business, but this was some of the worst looking footwear ever conceived. The stock price hit almost $70 per share in October 2007. It closed today at about $3 - ouch!!


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