I know – blasphemy in Boulder to say anything negative about CROX. However, I’m just channeling Howard Lindzon, the founder of WallStrip and stock trader extraordinarre. I don’t know jack about trading in public markets so I just ignore them and let other people do it for me, but it’s fun to watch what guys like Howard write.
In Crocs (CROX) – Case Study … Supply Trumps Demand Howard offers free advice to the management team of Crocs for how to get out of the ditch.
- Split 8 for 1. That will confuse and frighten short-sellers.
- Give away Crocs at airports all over the world. $20 million worth of Crocs in a weekend bonanza. Just hand them out as people approach the X-Ray machines. Instant customers. Instant.
- Announce a share buyback.
- Fire their Bankers for no reason. Just say the whores wanted us to dilute you, our wonderful common shareholders in a big public display. Use a Pinata that looks like the Goldman Sachs logo as you ring the opening Bell.