Day: November 1, 2007

Reading Time: < 1 minute (Update: 10pm Nov. 1 CDT) The Crocs board approved up to 1 million shares buy back immediately. See this news from Reuters. Crocs has about 80m shares outstanding as of now. (Original 5pm Nov. 1 CDT) From yesterday closing price of $74.75, to today’s closing price of $47.74. It’s a $27.01 hair cut, or 36.13%

Reading Time: < 1 minute Crocs (Nasdaq:CROX) reported a solid quarter yesterday. It also raised its own year 2007 guidance, but the number is not enough to exceed the street’s “sky high” expectation. The stock already got crushed in the after hour and pre-market trading. It’s likely it will suffer for a while. But I think the fundamental of the