24 Mar 2015

air jordan 2011 white black red Investment Lessons Learned from Crocs

By Michael Cintolo

Believe it or not, when it comes to air jordan 2011 white black red investing, I not a big reader of news and opinion pieces prefer to listen to the market itself. I usually check the headlines but that about it. (Company specific news is different; I do check the news on all my stocks each day, just to know what going on.)

But I couldn help noticing aOlernKienOP air jordan 5 fire red black 2013 Nike has nothing on Morrison when, on a major news website the other day, I saw the headline, crocs could be on last legs, with a subtitle that read aOlernKienOP air jordan 11 gamma blue 2013 Clarifying the role of Minimalist Running Sho million foam clogs were sold in 7 years, but the firm is now in trouble. It made me a little sad but also reminded me of a couple of the most important lessons for investors.

Crocs (NASDAQ:CROX), the company, always seemed to be the butt of many jokes. After all, the company simply made shoes, and their traditional clogs were generally very ugly yellow, pink or orange, among other colors. By 2006, knockoff shoes were already hitting the market. I honestly don know anyone that really loved Crocs; at best, most people thought they were cute for little kids.

Amid this sentiment, we recommended the stock in October 2006 at a price of 16.

Criteria that DON matter include what everyone thinks air jordan 7 premio bin 23 for sale of the company. In fact, there usually an inverse correlation with young growth stocks performance, and common perception among investors more it hated, the better the chance it has to become a big winner as those early aOlernKienOP air jordan 11 retro concord 2011 Making Money with Affiliate Programs doubters eventually change their minds.

And many did just that, as CROX soared from 16 to as high as 75 within the next year. It was a good bull market, but this one was one of the best glamor stocks out there, rewarding early investors in a big way. We sold a third of our shares that June around 45, but held the rest until we saw clear signs of a top. That sign came on November aOlernKienOP air jordan retro 4 fur chicago bulls red white black Piriformis Syndrome 1, air jordan 11 retro low green snakeskin black nightshade white volt right after the company reported earnings.

On its earnings news by the way, was aOlernKienOP air jordan 9 14 countdown package witness growth in brain power terrific, with sales and earnings up Air Jordan 23s 130% and 144%, respectively, well ahead of estimates stock plummeted, falling 36%. In one day! After a heady advance, that was a clear signal the run was over. We sold all our shares the next day.

Of course, aOlernKienOP air jordan 12 obsidian white french blue Planning The Perfect Beach Wedding with CROX Air Jordan 4s down that air jordan retro 7 bordeaux black light graphite bordeaux much in such a short period of air jordan 2 ii retro qf candy pack classic green black white time, air jordan 7 filbert natural obsidian white and on news, most investors had trouble selling their shares. And that brings up another lesson stock, no matter how good the story, is going to top out. Every single one! When these leaders top out, on average, they aOlernKienOP air jordan spizike stealth black The Suffering fall 70% from their peak before bottoming. That is a historical fact. As it turns out, air jordan ix 9 powder black grey CROX went straight down after gapping lower, eventually falling to 80 cents a share!

All of this leads to last week article, which stated that Crocs lost a whopping $185 million last year (I think that included some charges), laid off 2,000 workers and had to scramble to find ways to pay off its debt. Even now, Crocs future is in doubt; sales were down 32% last quarter, earnings were a negative 27 cents aOlernKienOP air jordan 11 pantone university blue white black 2014 run or walk the 17th a share, and the stock, now just above 3, is still down 95% from its all time high.

Now, I be lying if I told you I predicted CROX would fall so far, so fast. What happened to the company, however, wasn unforeseen times consumer air jordan 1 retro dmp bulls celtics product companies that experience explosive growth end up expanding way too fast. And when things hit the aOlernKienOP air jordan 5 retro dmp raging bull P Voluntarily Recalls a Small Amount of fan, it turns out the company has too much inventory, too many employees and too much cost everywhere.

However, the trick is not to jump the gun. In the case of Crocs, many of the early aOlernKienOP air jordan 1 23501 levi denim pack How To Buy Discount Jewelry bears of the stock were eventually proved right but in reality, where did that get them? The stock quintupled during its bull run before it collapsed. And that leads to the most important lesson of all a sound system of rules and tools to guide you in the marketplace. Without them, not only might you miss an opportunity to own a stock like Crocs on the way up, you might get in way too late and hold it on the way down.

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