Deary Diary,
I just bought CROX at $4.99 per share, about $0.07 per share below listed Working Capital in "Value Line." My previous average purchase price was $9.77 per share. I'm loving this.
CROX announced a softening international market for its shoes and earnings guidance downward. If CROX were not in the shoe business, I'd be worried, but it satisfies a basic human need with no debt. Someone will buy the company for more than Working Capital, if all else goes wrong. We just don't want the CFO to suddenly resign without comment or an SEC investigation about accounting irregularities; otherwise, we're great!
Gene
skip to main |
skip to sidebar
2005, In Front of IRS Building, Washington, D.C.
Diary of a Business Investor
Gene Chapman
2005, In Front of IRS Building, Washington, D.C.
About Me
- Gene Chapman, Author
- P. O. Box 295545, Lewisville, Texas 75029
- MahatmaGandhiGlobalLibrary.blogspot.com or LibertarianGlobalLibrary.blogspot.com gkchapman2012@hotmail.com "Creating World Peace One Word at a Time" And for those who wish, you are invited to participate in funding all aspects of and in the building of a physical library building within walking distance of both the White House and the U. S. Capitol Building in Washington, D. C., as a voice of nonviolence and a safe harbor for Gandhian intellectuals in this epicenter of political violence on earth.