Will Wong
Short

PRTY: The Party is Over. After 5 quarters of trying to break the

NYSE:PRTY   PARTY CITY HOLDCO INC
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downtrend, PRTY is going down again. Today, insiders sold $32M shares. ABC correction appears complete and a new 5-wave down should start soon
Dec 30
Comment: This could be a mistake. The selling of shares was a way for the company to buy back its shares from existing shareholders. This is bullish from an EPS angle.
Dec 30
Trade closed manually
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