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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: bmillermn who wrote (995)	4/24/2006 2:31:14 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 6370

Thanks. I'm not sure if CROX is a good short... yet. let's put it this way...if I were an insider or I had managed to get in lower...I'd probably be selling a bit while the selling is good, but it is glaringly obvious that: a) The shoes and this stock have a lot of fans on wall street. b) It's a very crowded short. c) Has no taint of scam/fraud. I suspect that there has been a little overzealous promotion...but I have yet to confirm it. d) Let's face it, Asensio has a lot of people pissed at him and who will simply shoot against him on anything published on his website. e) The demand for IPOs and growth stories is high...and the supply is low. I was much more negative last night, but now - just to be safe - I think this one just needs to go on the watch list...like ZONA. If you're REALLY adventurous...you may even consider going long, since it looks like it's going to be a hot summer, and it is a very popular stock...errr..sandal.