Crocs Croak?…Say It Ain’t So!

Turquoise Crocs
Image by Kaushal Karkhanis via Flickr

With the recent news that Crocs, the once footwear of choice for those looking for an alternative to the ubiquitous sneaker, is  “bleeding cash,”…

…amid sales which have nosedived in this retail unfriendly economy, and a recent “viability warning” from its auditors…

…many have been forecasting a potential “croak” of the Crocs.

In the past year the return has dropped 93.66%, not including dividends.

But according to Blogging Stocks, the company’s liquidity problems might serve to make it an attractive acquisition target

More:

Crocs Auditor Raises A Red Flag/BloggingStocks.com

JOHN PRESCOTT

BostonKayakGuy

Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities. www.johnprescott.net

JOHN PRESCOTT

508-523-9252

BostonKayakGuy…The MetWest Scene

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