February 07, 2006

CROX - how about JOKE! or RUN - for T-Bills.

O.K. so CROX is going public. They make rubber sandals. By the way, the biggest shoe IPO ever.

The fact that there is a market for a piece of shit security (not the company) like this says something for the speculative nature in the market for anything that COULD grow.

I love Chipotle's but can't pay up for it. I guess CROX makes a cool sandal, but what have they really proved out. Over time, Chipotle's is the real deal and CROX will most likely become takeover bait at a much lower price.

Yet another sign that US markets are just going to be tough and are generally being distributed.

Stick with hard assets still I think.

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