They are manipulating with aggressive buybacks. Everyone is selling, while they keep buying back, creating debt. Make some money and get out. it's a burning building...
WOW this company is going back to 30?
RH rebound is overdue. Fibonacci Retracements are ratios used to identify potential reversal levels. These ratios are found in the Fibonacci sequence. The most popular Fibonacci Retracements are 61.8% and 38.2%.
You might consider selling call options to protect your stock values.
RH doesn't sell any hardware. It's an expensive furniture store with overpriced merchandise.
It's hard to see any future in this type of business.
time to short
Visit one and see for yourself. Their stuff ain't selling.
If you're in the retail business, you need products that have repetitive sales. They don't have that.
RH, looks to be overvalued at this price Ive been struggling with this stock lately. Some of my other trades have been from Awe-Some.Sto-ck.s which are working out pretty well.
From YAHOO Statistic data, RH forward PE is $17.35. It is reasonable to conclude: RH will be back to $100.
THIS REMINDS ME OF THE FRACKING STORY. BORROW A BUNCH OF MONEY AT HIGH INTEREST RATES TO DIG ONE BIG HOLE IN IT WITH RH AT THE BOTTOM
The share buyback was an exit strategy for institutional investors. Retail investors are dead now. I mean no one wants to own that stock. Only buyer was the company's itself. They have wasted so much cash to buy expensive shares. The management made very very very big mistake. It's going back below $20.00 again.
According to YAHOO, RH forward PE is 17.75. RH is currently #1 growing company. With most places' Real Estate are booming, we see the demands for RH products are increasing. If next Quarter EPS exceeds the consensus EPS forecast, RH will be back to $100.
250 PE the company is a garbage
It will go down below $20.00
Very difficult to see RH not making a big run north. I started receiving notifications from awe-some_sto-cks the other week and so far they have presented interesting new trade ideas.
Management is buying the share blocks during the trading hours like in $RH when it's done it will fall by 30-35%. Tomorrow the buyback will over.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.4 In other words, the correlation coefficient of the other stocks
It's good time to bottom fishing. Target price $80.