Price/Volume Spike: CROCS, Inc. (CROX)

Posted in General 
September 3rd, 2008

We are seeing an increased trading momentum in shares of CROCS, Inc. (NASDAQ: CROX) today.  Besides online sites touting the stock as cheap over the last few days, there hasn’t been any fresh news driving the stock.  We have speculated or pondered whether this would ultimately be acquired or not, but declines in energy prices might not reignite a fad that may have already come and gone.

As of 10:16 AM EST we have seen a surge to +6% to $4.50 on over 900,000 shares.  This is being attributed to day trading volume more than anything so far.  Average volume is over 5 million shares, but the last day this one ramped it traded over 12 million shares.

Jon C. Ogg
September 3, 2008

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