Look this was 24, and pumped to 80. I be buyer at 18 now..
In the short-term RH does not seem to be like a good trade. Im not sure about you guys but Awe-Som.e.Sto-cks. has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
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 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.
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.
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.
The Worst Crash of a Generation is Coming You Were Warned Here!
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wondering if AMZ will get into this too?!
The share buyback plan was just sneaky way to rob retails and make insiders rich. At the cost of retail investors institutional got out of the trade with profits this stock will go below $10.00. There is no value in this company.
Gravity works and To catch a falling knife, are both great reads if anyone gets a chance!