Washington Post Article Slams Crocs’ Future

Ok, so maybe Crocs will make it, maybe it won’t. But who woke up Washington Post reporter Ylan Q. Mui so he (or she, I have no idea) could piss all over the Niwot company this morning? Seriously, Crocs’ stock dropped from roughly $75 to about $0.95 from November 2007 – November 2008, and Mui decides now – seven months later with the stock up about 340 percent since the lows – is the time to write this story? Quite a scoop. Perhaps tomorrow’s follow-up will be that oil is unlikely to sustain a price of $144/barrel. Regardless, Crocs CEO John Duerden used the company blog to respond to Mui’s article.