Richart
Short

Fielmann Short

FWB:FIE   FIELMANN AG O.N.
6 1 3
I am Fielmann short again.
Although I was a bit surprised of the relativ strength I do not believe in a move above 80€.

This stock is one of the "retailers" I am looking to short now. Retail has come way to far overrated. One can see that in other stocks such as Hugo Boss etc. The economic data in the US, Germany, Canada are decreasing as well.
Worked very well.

I expect a larger downmove to come. My target is 40,00€ on the downside. Fielmann underperfomes extremely according to DAX!
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