Blue Apron has so far lost their base customers and decreases their earnings giving them evaluation that is solely valued based on bankruptcy Coronavirus may have just saved this company and that might end to be a great risk-reward bet
Their competitor is Hello Fresh, trading at 3b market cap with total of 500mill quarter revenue.
I have no doubt that Blue Apron may finally start see stability or even under our current dire circumstances
what does the stability of not going bankrupt means???? 2000% increase based on XETR:HFG 500mill Q revenue divided by 5 and based on current market cap(compared with APRN.
@kalfaxxx, when i get a high certainty trades, i will post them. i don't want to post bad risk-reward ideas.
still holding APRN while taking profits where my guide lines are.
I have a very bearish sentiment regarding US stocks. currently shorting as a hedge for a possible black swan type of market events
kalfaxxx
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Damnnn what a Long way
UnknownUnicorn6853756
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I missed this damn ! thank you for sharing anyway
itburnz
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@harunny, i'm always looking for high risk - extreme reward type of trade. hopefully there will be more to come
mmo.koimiimm..mo