Crocs Inc

Friends have been emailing both Biajee and me about Crocs. For people who do not know it, it is a company in Niwot, Colorado, about 50 miles from our house. Yesterday its share price dropped 36% after releasing Q3 financials.

Revenue and profit more than doubled, but didn't meet Wall Street's expectations. Jim Cramer and a group of Wall Street Analysts have rendered that "The Legend is ancient history".

We think it's golden opportunity to chip in some of Crocs' stock. Of course, I'll have to state any opinions on this blog site only represent our personal analysis and are subject to risks, uncertainties, and assumptions that are difficult to predict.

However, Crocs' stock price is not the most scariest. The scariest stock is DryShips. It went up 800% in the past 12 months. I remember having asked Biajee whether we should buy some, but he said No. Think about it, we could have made a fortune on it.