CROCS (CROX) Sees Follow-Through Momentum

May 6, 2009 9:01 AM EDT

CROCS Inc. (Nasdaq: CROX) is seeing follow-through momentum this morning. Shares are up 15% in pre-open action. This follows Monday's 42% jump and yesterday's' 15% increase. Shares of CROX are up 375% from their 52-week low of $0.79.

CROCS is set to report quarterly results tomorrow May 7 and some think they may surprise to the upside.

CROCS was a momentum stock for years due to the success of their resin clog-line shoes, but it was crushed as competition, slowing sales, and excess inventory killed the company.

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