Fundies
All key fundies are highlighting a downturn for this company. Currently priced in the 50s actual value should be around the 15 - 20 range
EPS, PEG, Earnings Yields and Return on Capital rates of change all slowing.
If current Macro outlook continues this a must short as its so overvalued.
Earnings coming up in Jan which i fully anticipate them...
Fundies
Stock currently over valued - price should be around the 21s
Macro leading indicators 44% Correlation on the downside so if break lower means this trade is on so monitor these ( I anticipate these continuing lower in Nov & Dec)
Tech
Downwards wedge in short term
Price Struggles around the 29 levels
Trade Plan
Monitor Leading Macro Indicators - wait...
Fundamental View:
Short in the next quarter, Sweeping changes at board level, Earnings Miss, Sector dying if not evolving (BBBY are not). Q1 & Q2 earnings are a write-off. The actions taken to address issues are actually costing more and are old school therefore will take at least 12 months to start to implement and no one with a big name of turning companies...
Riddle me this Batman...
You have money to invest and some turtle necked thick circular rimmed glass wearing hipster meets you in starbucks for a triple mocha frappe Mexican soy bean decaf expresso with cream and pitches you his great investment opportunity...
"We are a company that IPO'd last year and our share price has fallen by over half since IPO, we have...
