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CROCs: Economic Salvation?

By stella.louise(view all posts by stella.louise)
at 12:06PM Tuesday May 5, 2009
under Newsworthy

Over at 24/7 Wall St., they're reporting on the latest market rally saying that calling it a "a mere recovery would be an understatement of the year." And the biggest winner in the stock turnaround?

CROCs.

Given the brand's remarkable 200% gains since March, 24/7 Wall St. muses "Is CROCs Becoming the New Bull Market Proxy?"

No doubt this is NOT good news for the folks over at the I Hate Crocs blog, millions of CROCs-lovers can take heart that their favorite footwear may be here to stay and celebrate by purchasing a new pair or two with our CROCs coupons. The rest of us can take this as perhaps a sign of imminent economic recovery.

Or the Apocalypse.