This stock is all in the news. Its in a heavy downtrend and will most likely continue. I wouldn't buy it but this is the bounce zone imo. It spiked a bit on good news june 18th/weekend but dropped back to breakeven range zone. I think there's another bounce in it. If it touches the purple line itll bounce up.
Do your due diligence and research the background of the new C suite execs and board members. I see a dream team that could potentially result in the sale of BARK to Petsmart. I'm loading up every time the stock dips to 1.08. At worse this is a healthy company with low debt and earnings forecasted to grow by an average of 50% per year for the next 3 years. As...
BARK is the stock of a relatively young company.It is now growing
and has had positive earnings The chart shows a reversal from the
prior downtrend which started with a double top in January.
The order block indicator shows a base of buy order blocks forming the support.
Upside is 45% to the resistance of the double top and the sell order
blocks. The...
This is a company that has high insider ownership at 30% and more cash than debt with market cap at 255.22 M and enterprise value at 222.40 M. Balance Sheet
The company has $166.31 million in cash and $133.49 million in debt, giving a net cash position of $32.82 million or $0.19 per share.
The company has a current ratio of 3.20, with a Debt / Equity ratio of...
Fundamental view: I use this company personally. My girlfriend introduced me to the company when she signed up for their services. It's a great idea, they basically send your pet a customized goodie box every month. Pet industry sales surpassed 100 billion for the first time this year.
This company IPO'd a year ago roughly, I know a lot about early stage...
... for a 3.15 debit.
Comments: My dog got into my brokerage account and took this trade (and then ordered a bunch of Bark Box stuff).
Buying two 75 deltas out in May, selling the 50 delta to yield a synthetic position with a delta metric of around +100. I'll start looking at taking profit at 120% of what I put it on for.
Bark here with a nice Cup an handle an touched the support line i think this is the time to buy this but off couse dont buy because i say i have the stock from avg price at 7,5$ ish :)
BARK is one of the few SPACs that actually delivered with earnings this quarter.
High volume shake out shows sellers are gone and might create FOMO. Especially since they started accelerating retail sales and food program. They also got more social media followers than Peleton. These fundamentals can easily translate in FOMO as sellers are gone.
