DrewDimes

SKIN - How is this company worth $3B?

Short
NASDAQ:SKIN   The Beauty Health Company
Opening up a new short position here. Looks like a great/profitable company but just seems overbought. RSI showing so as well.

Plenty of skin care products/systems out there. Trying to understand how a 60 million dollar revenue quarter equals a 3 billion valuation. Maybe I'm right, maybe I'm wrong. I don't use this stuff.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.