OHIE 2 – Crocs up, Apple Down

Jmarps

Shared on Tue, 06/12/2007 - 08:21
First the bad news. The big announcement from Steve Jobs didn’t come yesterday so Apple fell off in the afternoon. Last Thursday I sold some Crocs to liquidate in order to buy more Apple on Friday in prep for yesterday’s announcement. I was really hoping we would hear something crazy about Leopard, like that it will run Windows Apps natively. We didn’t get that. All we got on that front is that Boot Camp is now embedded in the OS. What else did we get? Safari can now run on Windows….meh. Also, a bunch of upgrades to the OS that the guys from Engadget seemed to enjoy…I still don’t have my Mac lingo down, so I am not really sure what it all means. I am not worried. One bad day…if I had more cash I would have bought more on the pullback. So the stock closed down $4.30 from $126.00 (-3.45%) which leaves me with an overall gain on Apple of 4.27%.

Now the good news! Crocs got an analyst upgrade yesterday! That coupled with the split coming this week, sent the stock skyrocketing! The stock soared up and held, closing at $90.97 for a $4.41 gain (+5.09%). Which means, as of this morning I have an 18.91% gain on the stock! Gotta love those “ugly” rubber shoes! This stock is now up 273% this year! Wish I had gotten in earlier!

Comments

TheCrazyPerson's picture
Submitted by TheCrazyPerson on Thu, 06/14/2007 - 17:43
If I understood any of this stuff I would leave you a comment that might would make some sort of sense, but since I don't and I can't then I won't. lol ;-) Ice
Anonymous's picture
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Jmarps's picture
Submitted by Jmarps on Fri, 06/15/2007 - 07:51
Thanks Ice, is there anything I can try and explain better for you?
Anonymous's picture
Submitted by Anonymous (not verified) on Fri, 03/04/2011 - 20:28
Anonymous's picture
Submitted by Anonymous (not verified) on Wed, 03/02/2011 - 23:44
TexasTwister55's picture
Submitted by TexasTwister55 on Thu, 06/14/2007 - 06:43
They are ugly, but I have probably 11 pair. Fett haven't hurt since I started wearing them. I guess a bunch of other people have figured that out, too.

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