Perma_Pig

LB - How We Got to 18 Dollars/Share - Told By The CEO Himself

Short
NYSE:LB   L Brands, Inc
Looters are up 11%, NYSE:LB is up 11%

Curious about this, I interviewed the CEO and made the timeline above

Now it all makes sense
Comment: *Second Luckiest. See URBN chart for luckiest.
Perma_Pig

Comments

So it's almost twenty already. Is there any explanation?
+1 Reply
Perma_Pig StanMacro
@StanMacro, yes, the Dow is driving all retail up. When the Dow reaches near-highs or calms down (i.e. next week), that's when I'm shorting URBN and LB straight to hell.

Have a PT on URBN (25.50) entry, so will enter LB at the same time. All these horrendous retailers will get slashed once the Dow buying euphoria ends.
Reply
StanMacro Perma_Pig
@Perma_Pig, I hope it starts drowning soon. It's ridiculous to see Christmas Eve 2019 price now with massive sales missing and all the debts problems. BTW, today UK's VS subsidiary has filed for bankruptcy protection and it's not even in the news.
Reply
Perma_Pig StanMacro
@StanMacro, the whole sector has been severely manipulated in order for this "rally" to continue.

But, who cares? All this means is that I can short it at even more-favorable prices with much higher certainty in the near-future.

That's kind of how I view every move that doesn't work out after I've really thought about it prior to entering.
Reply
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