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Crocs Is On an Unsustainable Ride

Crocs (CROX), whose Crocs™ brand of colorful resin clogs and other footwear are popular with kids and adults, is forming a price bubble. Like all momentum stocks, any good news pushes up its stock price. But when interest in the stock wanes, it will crash and crash hard. So enjoy the ride while it lasts.


Click on the blue chart to the right to see more information about CROX.


Related Articles:

Price Patterns - A Bubble Top is an Extreme Pattern
Price Upsides Often Occur in Three Stages


Posted May 16, 2007.



 

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