hungry_hippo

Wayfair the Ponzi Scheme

Short
NYSE:W   Wayfair Inc.
We all know this company has negative margins and won't ever post a profit.

Question is, are the computerz and ETFs still pumping this garbage or is this another bear flag? Market looked awful bullish today, China negotiations Mon/Tues. Let's see how this resolves next week. Looking for entry into some puts on Tuesday afternoon or Wednesday morning.
Order cancelled:
Wait until earnings
Comment:
Note: I fully expect this company to be bankrupt in 2 years. You can;t operate on negative margins forever.
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