hungry_hippo
Short

SFIX Earnings Conf Call

NASDAQ:SFIX   STITCH FIX INC
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Must have been one good conference call, SFIX was up 10% AH and then tanked. Now down 10%, ad sitting at $23 AH as I type this.

I doubt anyone is gonna buy this pig other than shorts covering. Quite frankly, the reviews for Stitchfix are terrible. Don't buy stock in any company that you wouldn't do business with. Not sure why anyone would want a company that sends Sperry products, especially if you have to ship to return stuff. That's more work than going shopping for stuff you actually want.

AH action looks bad enough to call for a target of $18 before next earnings .
Comment: Not sure why people are suing the company for their stock price dropping, they should be suing the idiot analysts that were pumping this junk 3 months ago, like this moron Edward Yruma from KeyBanc Capital Markets.
Trade closed: target reached: I always close a little above my target, $19 is good enough for me. Should go to $18, not worth chasing.

I will take the 200% return on my puts and move on. Done tracking this POS.
Comment: Almost at $18 support, the best part of this is that the accountants obviously leaked earnings and all their friends who bought last couple of weeks got absolutely hammered. Cheaters never prosper.
Comment: Wow, next stop... $15. I'd draw a bear flag target but that would send it into negative numbers.... can that really happen where they pay you to own a stock?

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