Bookkeeping: Added some Crocs (CROX) here

Crocs (CROX) is one of the names I mentioned in my '12 Stocks to Buy on a Pullback' piece. While, it did not pull all the way back to my target price ($52s area), I had a quite small fund position so I am adding here in the $54s as the stock dipped >3% this AM; about $8200 worth, pushing up the position to 1.5% of the fund. I will look for a deeper cut in the price to add more.

I laid out the Crocs (CROX) case here. This is a very debated stock, and there has been some scuttlebutt of late regarding gross margins dropping to mid 50s from 60% - never a great thing but with this pace of expansion and necessary overhead it doesn't surprise me. I expect the name to remain controversial as even the devil and angel on opposing shoulders argue on this one...

I believe the latest controversy is a case of someone's Crocs getting caught in an escalator in the Far East. Personally, I call this Darwinism, but then again I am a cold hearted capitalist ... ;) I believe shoe laces could also be considered a threat on escalators so please sell all shoe related holdings if this is indeed the reason for 'today's' panic.

Long Crocs in fund and personal position