CROX had perfect fundamental metrics. I bought some, and then it went about 25% down. I bought some more and it went down another 25%. I bought more and finally it went up 100%. I still lose money on the purchases as I did not buy enough on my last purchase.
Axioms:
1. You only make good profit when you buy a good stock at the right time.
2. Never buy stocks on its way down.
3. Stock shorters of good stocks will hurt you but eventually the last of them will screw themselves up - it does not apply to emerging markets though.
4. Ugly shoes have nothing to do with the profits of the companies that make them. Beauty has different yardsticks.
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