February 07, 2006
CROX - how about JOKE! or RUN - for T-Bills.
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.