chefdrewmem

The reception of this stock is surprisingly somber

Long
NASDAQ:WOOF   Petco Health and Wellness Company, Inc.
Chewy is a box on the door, and lets face it how many do you really see? If you own a pet in the United States you have probably walked into a Petco in the past two months, and you more than likely brought your four legged friend along for the ride. Petco is a brick and mortar story that will be forever because it offers not only a convenient field trip with your best bud but also a place to purchase an furry friend if havent already got one. Petco is an all encompassing marketplace from Amphibians to birds, to adopting cats and dogs, to ferrets and rabbits and everything in between, not to mention training and bathing. The idea that this can be simply replaced by a box at the door erroneous assumption that the world is evolving into a dull consciousness that is afraid to go outside. But soon that wont be the case and places like Petco will help absorb the symptoms of extroversion we will so desperately thirst for. Not to mention the volatility surrounding short positions has created a roach run into areas of fundamental certainty where only either the greedy or stupid are willing to risk their lives betting on the wrong side. Petco is no-brainer if its down, buy the dip!
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.