Crocs, Inc. CROX

Rumor says TAman bailed himself yesterday….

What happens when people do not like the NIke shoes…, what happens when people do no like SKX shoes etc.
Shorties BS.
Young generation love crocs it is the most cool and comfortable shoe! They will continue to buy globally. Currently $3B a year and $4B in two years.

The value of the crocs brand only is 200$/share. Heydude was acquired for 40$/share. Let’s assume that its worth is zero… the value of CROX is at least 160$. If Heydude worth is 20$ only we are talking about 180$.
We are traded at 82$. This is why I am not selling!!!

We touched $82+ level twice this month. Looks like we have strong support on this level.

500K share traded so far, 10 million to go. Shorties will close their positions at 6-7 multiple no more upside for them.
The stock will recover fast.

Today we will have 10 million shares traded. The shorties made lots of money but at 6 times 2023 EPS what is the future for the shorties???
The stock will recover today during regular trading hours.

Heydude DTC is up 14.6% and there is channel alignment to the CROX brand system.
It is a good acquisition. Clog will stay forever.
The stock is very cheap currently traded at 6 times!

$CROX check $GVP ?????

Hey due DTC is up double digit and that is the real picture for the future. The already paid buck half of the purchase price and also did buybacks…

They beat but lowered Q4 and annual guidance. Heydude reduction was anticipated.
They are always conservative in respect to the next Q guidance but nevertheless first time they reduce guidance.
Stock is very cheap. Need to fight the shorties today.