Reading Time: < 1 minute People who bought the Blackstone (BX) at its IPO debut (around 35), will regret “chasing hot stocks” now. I don’t know how the Chinese State Investment Co. (who took 8% stake at around $3 b) felt about this. Oh well, they are in this for long haul. Crocs stock (CROX) got a hit today. Barrons
Reading Time: < 1 minute The split day is June 14, Thursday. It has a nice run since last week. I will wait it calm down a bit before adding my postions. Obviously, I missed the buying opportunity about two weeks ago when there were some insiders sellings. It pulled back to 76~78 at that time. Oh well, no rear mirror view for stocks.
Reading Time: < 1 minute I sold all the remaining HLYS shares on Monday May 7 (before the Q1 earning announcement). While I enjoyed my Heelys shoes, the stock (HLYS) did not turn out to be as good as I expected. The main reason is I jumped too early (I bought it in on its IPO debut at 35 and 32).
Reading Time: < 1 minute I listened to Crocs earning call this evening. The numbers look good, it beats the Street expecation as I expected. They also raised Q1 2007 and 2007 full year guidance. Some of the interesting developments: 1) Nascar cross licensing (cross sell). Since they started Disney relationship in summer 2006, they expanded to NFL, NCAA football, NHL
Reading Time: < 1 minute I found a new trend about the companies’ quarterly earning Conference Call lately. Usually a company will do the conference on the Internet and on the phone at the same time. But Crocs (CROX) and Heelys (HLYS), two shoe makers (I have shares for both), lead the fashion again by doing the call exclusively over the
Reading Time: < 1 minute I bought some Crocs stocks (CROX) a while ago; actually I looked at Under Armour (UA) at the same time and I am glad I made the correct decision (so far). Besides the difference of PE ratio, CROX is 42, UA is 76 (supposedly the lower PE means the price is cheaper). I made this decision more
Reading Time: < 1 minute Did a little adjustment on my portifolio today. Sold 30 shares of Heelys (HLYS) and bought 22 shares of Crocs (CROX). I saw the new product release from Crocs today. “…the Off Road and All Terrain models in the spring and fall of 2007. The Off Road (MSRP: $39.99) is a rugged outdoor shoe with
Reading Time: < 1 minute This evening when I was in the TaekwonDo class, I counted the number of Crocs in my class. Out of 12 pairs of shoes, there are 3 pairs of Crocs. Seriously, I did a little analysis on the Crocs sales number in year 2005 and 2006. The growth is very impressive, but how long will the trend
Reading Time: < 1 minute It seems like it. I noticed the Crocs Kiosk (pavilion) in the malls before Xmas. Now it looks they are going to open stores. The following is what I saw from Chesterfield Mall today. Update (19Jan07) I went to the mall again tonight, and found out they changed the display of the “store”. Obviously they
Reading Time: < 1 minute Well, Heelys (HLYS) the stock did not do much lately. But I am still doing my reality check, in the stores and on eBay. This week I am adding Crocs (CROX) because I bought some shares last December and plan to hold it for a while. It appears my local Sports Authority(s) have sold most of
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