CROX and Roll!

CROX hit another all-time high today at $37.60. I have taken some abuse for adding the stock to my portfolio. No idea why – it is just a stock. My stop is a long way down so this stock should be in my portfolio for a while and the fast profit could easily become a long-term loss. I am very interested to see how they execute on what is a seriously wicked product and brand.

The catayst that made this STOCK stand out for me was the private label upside. Today, Investor’s Business Daily pimped the stock – focusing on the CROX license deals with Disney and Universal. I would say that this pretty much firms up another 100 plus deals for the company over the next 12-24 months. Just the Disney deal is serious distribution that footwear companies would kill for.

In the meantime, the abuse from non-believers is generally a good sign.

After I wrote the post, Fred sent me this link to a Motley Fool article by Tim Beyers – entitled “Why I’m Short Crocs”.

From the title, it is not a stretch to assume that Tim is short CROX. NOT!

Here is the MOTLEY disclaimer after the flame report:

Fool contributor Tim Beyers has 32 picks in his CAPS portfolio, including Gateway (NYSE: GTW), which he believes is a wonderful short candidate. Think he’s wrong? Get in the game and add your own rating.Tim didn’t own shares of any of the companies mentioned in this story at the time of publication. Get the skinny on all of Tim’s stock holdings by checking his Fool profile. Deckers Outdoor is a Motley Fool Hidden Gems recommendation. The Motley Fool’s disclosure policy always beats the average.

I speak pretty good english and I don’t have a f@$%#inck clue what Tim is up to. Not to pick on the guy, but what credibility could this guy have with a shouting headline “SHORT”, but no position. I think Tim Beyers owes his readers an update down almost 40 percent (FOURTY PERCENT) in just a short period of time.

Pretty wreckless behavior.

Disclosure – Long CROX