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Non-Tech : CROX - Crocs Inc.
CROX 78.69-3.2%3:59 PM EST

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To: Torah Wolfe who wrote (23)3/13/2008 4:30:24 PM
From: dbart  Read Replies (1) of 57
 
Exercising the options doesn't really mean much. That just means they now hold the stock. They haven't sold anything. The only benefit of converting to stock now, that I can see, is either to sell it for cash or to hold it so that when they sell it, it will be considered long-term capital gains. Being long on CROX, I think Snyder has recently exercised his options and will now hold his stock for at least a year - because he knows the stock is going to be much higher a year from now. Then he has the ability to sell with long-term capitals gains.

I think we have finally hit the bottom in CROX. We have a huge insider buy from Marks who was one of the big sellers at the top. His buy happened right after his 6 month waiting period was up (can't sell and then buy within 6 months). We have two other insiders that were huge sellers at the top:

Croghan
Snyder

Both of these guys have been quiet lately and their 6 months will be up on 3/27 and 4/1,respectively. I suspect they will be big buyers once these dates pass. If so, that will be a clear sign for me that much better days are ahead for CROCS.
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