Crocs, Dead

Looks like the chart knew there was a problem long before the share price hit $1. I never bought a pair and wondered to myself whether it was a “fad”, but the chart initially was straight up, so fighting that trend with any kind of opinion was silly. Of course it has come straight down now. In a different era it would have been a sock puppet riding in a grocery van capturing such enthusiasm. In some ways I feel bad for folks in their twenties today as they did not get to witness the hysteria that was the dot com bubble. Well, at least they had Crocs!

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