Friday, August 15th, 2008...10:56 am
Gates likes his CROX?
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CROX is seeing some action to the upside for a change after Bill Gates fundation is said to have taken a position of 1M shares. Investors are flocking into CROX thinking that if Gates likes it, it should be worth something. I would not be so quick to jump to conclusions, while CROX has taken a beating in recent months, a bounce can be expected, but a good investment? I would not be so sure.
Other movers this morning include:
APII, POGS, GPIC, PYMX, ICAD and SATC, all with double digit percentage moves.
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